Forum Post: Buy life-insurance policies? potential Jubilee 2.0
Posted 11 years ago on Dec. 15, 2012, 3:48 a.m. EST by meraschino
(0)
from Buffalo, NY
This content is user submitted and not an official statement
While researching alternative cancer treatments I stumbled upon an article that discusses selling one's life insurance policy prematurely in order to have cash while living. People sell their policies to companies so that can get a chunk of their life insurance while living. The buyers pay on the policy until the person dies & collects their piece of the pie.
Anyways, I'm sending it out there as another Jubilee idea to allow terminally ill patients to seek alternative treatments that would otherwise be unaffordable. Other than throwing the idea out there, I really have no financial savvy know how to get this to pan out so if a group of dedicated people get theirs head together they could probably make this pan out quite well.
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