New Life Insurance Policy Compensates Families, Pension Funds, Care Providers and Others Suffering Longevity-Related Losses

Legacy Funding Group, Inc. today unveiled its patent-pending "Deferred-Benefit Life" ("DBL") Policy, which will be offered by well-rated life insurers. Unlike traditional life insurance policies, which primarily compensate beneficiaries suffering financial losses due to the pre-mature death of an insured, DBL policies compensate beneficiaries financially suffering due to the post-mature death of a senior insured that has lived significantly beyond their normal life expectancy.

New Life Insurance Policy Compensates Families, Pension Funds, Care Providers and Others Suffering Longevity-Related Losses
Source: MarketWatch