Caleb James DeLisle on Nostr: This is wild. so, you can buy someone's life insurance policy off of them. So like, ...

This is wild. https://en.wikipedia.org/wiki/Life_settlement so, you can buy someone's life insurance policy off of them.

So like, if someone seems like they're more likely to die sooner than the insurance company thinks, you can tell them to take out a million dollar life insurance policy, and then immediately write them a check to buy it out.

You keep paying the premium and then whenever they die, you get the payout from the insurance company.

Legitimately I think this is potentially one of the most interesting investments out there right now.

CC: Sarah Gation (npub1ajc…pq5u)