Life insurance: the five most expensive contracts ever sold

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The main purpose of a life insurance policy is to ensure the future financial security of policyholders’ families and successors. This applies to individuals regardless of their income level.

life insuranceIt is common for wealthy individuals to take out policies so that, in case they pass away, their families can maintain their current lifestyle.

Atlas Magazine has listed the top five life insurance policies ever sold.

The most expensive life insurance policies

Subscribed capitalInsurerCountryDetails
212 million USDDunhill Marketing and InsuranceUSA
This is one of the most onerous life insurance policies ever offered to an individual.
With an annual premium amounting to 6.148.000 USD, the contract was designed to plan for the policyholder's estate.
The benefit in the form of annuity was to fund institutions designated by the policyholder.
201 million USDSG Premier Lending GroupUSA
The contract was to make it possible for the family of the policyholder, a billionaire from Silicon Valley, to pay the taxes generated by the assets left by the latter to his family.
41 million USDPinney InsuranceUSA
The insured intended to dedicate the subscribed capital to the reimbursement of his debts after his death.
15 million USDTrue Blue Life InsuranceUSA
The subscribed amount was to ensure the lifestyle of the heirs
10 million USDAbrams Inc SolutionsUSA
This policy, written by a couple for the benefit of a family trust, was intended to enable the trust to perform the actions outlined in the couple's will.

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Fri, 14/12/2018 - 12:15
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