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A Shameless Windfall: Inside The Business Of Life Settlements

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Buying the life insurance from seriously ill patients in order to make a profit when they die: welcome to the grim reality of the life settlements industry, a financial sector regularly boasting a double-digit growth. The life settlement market is very common in the US. It allows people in need to sell their life insurance policies to investment banks for an instant one-time cash payment. Life settlement experts therefore pick and choose among candidates those with the shortest estimated life expectancy. This report shot in the U.S. reveals how this death business thrives on vulnerable populations and on the loopholes in the American health care system. It reveals how banking institutions and pension funds trade these financial products without asking themselves embarrassing ethical questions. A stark look at finance capitalism in action.
Year
2021
Production
RTS
Journalist
François Pilet
Resolution
HD
Collection

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