Moore Money with Steve Moore
Steve Moore interviews Jay Jackson, CEO of Abacus Global Management, to discuss the concept of life insurance as a liquid asset. Jackson explains that while Americans hold $14 trillion in coverage, a staggering 90% of policies never pay a claim because owners mistakenly let them lapse rather than recognizing their marketable value. The conversation emphasizes that seniors can sell their policies through a regulated process to gain immediate financial security, effectively treating insurance as personal property rather than a sunk cost.
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