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