Stranger Originated Life Insurance

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Stranger Originated Life Insurance (STOLI) is a life insurance arrangement, in which speculators, who have no relationship to a person, initiate a insurance policy against their life and fund the premium payments for investment purposes.[1][2]

[edit] References

  1. ^ Life Companies, Agents, Brokers Strongly Support NAIC Panel Vote on Stranger-Originated Life Insurance. insurancenewsnet.com (2006-12-11).
  2. ^ Investors Could Profit From Strangers' Deaths: Legislative Hearing Planned This Month. KCRA 3 (2008-02-01).
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