Why do most states ban STOLI transactions?

Insurance

Are you having trouble answering the question “Why do most states ban STOLI transactions?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

Why do most states ban STOLI transactions?

A) Because the investor is not a domestic insurer

B) Because they are not a profitable line of business for insurance companies

C) Because the premiums on the policies are too high

D) Because the investor, who is named as the beneficiary, does not have an insurable interest in the insured

Answer: Because the investor, who is named as the beneficiary, does not have an insurable interest in the insured

You should now have gotten the answer to your question “Why do most states ban STOLI transactions?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.