“An unnamed Silicon Valley billionaire has purchased the world’s most valuable life insurance policy. Guinness Book of World Record officials say the $201 million life insurance policy is more than double the previous record. A Southern California financial services company who helped put the deal together declined to identify the policy buyer. The firm says that the life insurance policy is actually two dozen policies underwritten by 19 different insurers. That’s because no one company could afford to pay the policies’ benefactors when the billionaire died. The company didn’t disclose the annual cost to the billionaire for the policy but did say it was in the single millions of dollars.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Medical Devices Are the Next Security Nightmare
Bitcoin - The Digital Black Market: Anonymous and Uncensored
New iOS flaw makes devices susceptible to covert keylogging
Top Ten Cities With the Most Multi-Millionaires
Report: Iraq, Afghanistan Wars Will Cost U.S. $4-6 Trillion Dollars [2013]
Maastricht mayor does u-turn over cannabis club membership
What Country Is This? Forced Blood Draws, Cavity Searches and Colonoscopies
CFR Steps Up Attack on the Second Amendment Using Discredited Statistics
Is this Sandpoint, Idaho -- or Soviet Russia?
NDAA Judge: Executive Branch "Known To Make Things Up"
Peter Buffett's Very Public Takedown of His Father, Warren
Seattle Mayor Orders Police to Dismantle Its Drone Program After Protests
Dallas Puts the Brakes on Hard-Working Mechanic
Privacy services companies stand up against Big Brother
More Americans cutting ties with the US over taxes, financial surveillance