Can life insurance policies be pooled together and repackaged into bonds?
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westley
Apprentice
Joined: 16 Dec 2006
Posts: 5
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 Posted: 07/19/08 - 07:41 Post subject: |
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| I am curious about one thing and I haven’t told anyone yet. I am afraid to sound dumb or something like that, so I figure it’s better to ask here, here I’m at least anonymous. Does anybody know can life insurance policies be pooled together and repackaged into bonds? I mean, is this possible as one single act or do I have to extract the money and lose a lot that way? Is there some kind of act that will lead me to this? |
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sven
Apprentice
Joined: 17 Oct 2006
Posts: 6
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| Posted: 08/17/08 - 21:47 Post subject: |
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| I am honestly not sure how did you plan to pull this thing out. Actually, I am confused because you talk in plural, while mentioning life insurance. If you want to sell your policy, to surrender it, or however people call it these days, I think that you are allowed to do that and to change it into bonds if you really want to, automatically. But check it out, it may not be the case. |
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