RE: Just A Thought4 Nov 2018 17:55
Yes, no flow rates, spuds, cementing, perfing, water, wet gas, no politics or like with pharma, no stage one , two or three costly trials, no approvals or big pharma to deal with.
The point is we are all going to die and many people have life insurance in their golden years that simply is otherwise a locked asset.
This is a way to get a lump sum for those folks and either do something special or so many other things, that otherwise wouldn't be possible.
The life insurance companies have to pay out and it wouldn't surprise me at all if its life insurance companies who are at the front of the queue for these portfolio of policies!