Search Options
close
Search the following clips:
All Clips
Everyone's Clips
My Guides
Sign Up
Install
Learn More
Login
Imagine complete strangers profiting from your death
Brimstone
follow
3
2-1-2008 7:01 AM
278 views
1 Comment
|
Add a Comment
2-5-2008
6:00 AM
carrerinyes
I thought STOLI was vodka
Login
to Comment. Not a member yet?
Sign up
Related Clips
Magna Carta & The Constitution of the USA
Lancashire man can turn water into fuel
Extinguishing the Fear at the Roots of Anx...
Google opens Knol website, a wiki with byl...
The Reality Club on "Is Google Making Us S...
A Guide to Reusing, Swapping, or Giving Aw...
High Speed Photography
More clips from
Brimstone
Let Me UPRAYEDD You
Funny Sign Spotting
Multi-yolk eggs
Today's Top Clips
Hero
Do Not Read This !
Scientists Find the Trigger of the Northern Lights
Thinking Ahead
How Many Silicon Valley Startup Executives Are Hopped Up On Provigil?
Should have killed him
'Last Lecture' professor dies at 47
Unknown insects found in 110-million-year-old amber in Spain
Extinguishing the Fear at the Roots of Anxiety
Intel: Human and computer intelligence will merge in 40 years
visit the
Top Clips page
View the Top Clips from
February 1, 2008
Embed This Clip In Your Site...
<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2a5356e7-fab9-40f1-8023-46854bf4174e/006997C9-3988-4E4B-A1C6-416309E7E360/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.kcra.com/news/15189803/detail.html" href="http://www.kcra.com/news/15189803/detail.html" style="font-size: 11px;">www.kcra.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kcra.com/news/15189803/detail.html">It's a multibillion-dollar industry that gives investors incredible financial incentive to see you dead.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kcra.com/news/15189803/detail.html">The practice is attracting the attention of regulators, who call it predatory.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kcra.com/news/15189803/detail.html">information from the survey is being used to obtain life insurance policies on seniors, sometimes without the seniors' knowledge.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kcra.com/news/15189803/detail.html">The insurance agent who offered the survey to Goldwyn Schroeder also offered a life insurance policy to Sylvia Schroeder. The policy would be for millions of dollars, he claimed.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kcra.com/news/15189803/detail.html">When Sylvia Schroeder passes away, he said, the payout would go to a complete stranger. The agent offered her money to cooperate.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kcra.com/news/15189803/detail.html">It's a little-known investment called "Stranger Originated Life Insurance," often referred to as "STOLI."</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kcra.com/news/15189803/detail.html">Investors pay seniors to apply for life insurance, pay the premiums for the policies, and then resell them to speculators.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.kcra.com/news/15189803/detail.html">"If they took life insurance on me, they're just waiting and hoping and hoping and hoping that I die," </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/006997C9-3988-4E4B-A1C6-416309E7E360/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
Clipmarks
Home
New Clips
Top Clips
Dashboard
Popular Topics
News
Life
Science
Technology
Entertainment
Get Started
Sign Up
Install Clipping Tool
How Clipping Works
Clip-to-Blog™
ClipSearch
Tools and Resources
FAQ
ClipWeek
Top Clippers
Top Tags
Site Map
About Clipmarks
About Us
Contact
Blog
Copyright
Privacy
EULA
OK