You bet your life insurance
Planet Money
- Published
- August 14, 2026
- Duration
- 38:43
- Summary source
- description
- Last updated
- Aug 19, 2026
Discusses Some of the biggest firms on Wall Street are, at this very moment, waiting for thousands of stranger…
Summary
Some of the biggest firms on Wall Street are, at this very moment, waiting for thousands of strangers to die to reap their returns. Because there’s a market for life insurance policies. And it’s legal.You don’t have to actually die to get some of your life insurance money. Thanks to a secondary market for life insurance policies, you might be able to claw…
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Show notes
Some of the biggest firms on Wall Street are, at this very moment, waiting for thousands of strangers to die to reap their returns. Because there’s a market for life insurance policies. And it’s legal.You don’t have to actually die to get some of your life insurance money. Thanks to a secondary market for life insurance policies, you might be able to claw back money from beyond the grave. You just sell your policy to an investor. So when you die, the payout goes to them, instead of your family o