All Life Insurance Tips

Creating a Life Insurance Company or Buying a LifeInsurance Company?

Does anyone here know about how to form a life insurance company? What does the process consist of? Is it easier and cheaper to buy an existing company that has been poorly managed? This is what you consider an answer? Hope you got deep pockets? I am doing research for a college paper. I am not creating a life insurance company.

Public Comments

1. Hope you've got some deep pockets....
2. As to the formation, I do not know. However, the amount of capital needed to form a legal reserve company is quite large. Also need to determine if you will be selling cash value or just term policies. You require much less money for cash value policies (upon claim, the cash value gets handed back to the insurance company). It would be cheaper to get a partner and purchase an existing company that was poorly managed, however, you would still need a large set of cash.