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I don't think originating a new policy for the soul purpose of selling for a viatical settlement would be very feasible unless the underwriter was oblivious. You would have to assume a terminally or cronically ill patient would qualify for any type of insurance.
I think the likes of Goldman Sachs and JP Morgan better find another way to make money. Like how about actually lending to small business.
I think the likes of Goldman Sachs and JP Morgan better find another way to make money. Like how about actually lending to small business.