New zero premium life insurance policy/life settlements

Mark... I find that hard to believe.. Why would anyone whose agency sold 1.6 Billion.. Yes, Virginia, that is BILLION with a B.. in a year run a scam?. I know Ali sold 1.6 billion becasue it says so on his website..

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Two different things.

Are you talking about the zero Premium insurance policy or are you talking about life settlements.

There are two different things.

One we call stoli .

The scam was to charge the agent like $250 to sign up with a company or product where a group of people would pay for the clients insurance policy. Everyone was going to get rich.

The State Ins Dept, put a quick stop to stoli plans.
 
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