What do you think?
Is this a fair statement? Buying insurance for the express purpose of selling it later is foolish and possibly illegal. Those who suggest such schemes are con artists, and we suggest that you report anyone who suggests such a transaction to your state insurance commissioner. Open Life Settlements helps people who have bought insurance for legitimate reasons sell policies that are now unwanted or unneeded due to changed circumstances. We do not broker policies that people have bought with the intention of conducting a life settlement.