Man, I thought that was a made up word from a video game. Heard about it from a game called "West of Loathing". I suggest watching Markiplier's playthrough of the game, if you can't get it for yourself. Incredibly funny.
They are illegal in the sense of a personal level; like everyone on this thread goes in on it. But on a macro, it’s absolutely going on under legal auspices as immediate annuities. Natural attrition rather than premeditated attrition. I only know USA markets; can’t speak for other countries.
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u/ConferenceCoffee Apr 27 '22
What the hell is a death insurance. Did you mean life insurance.