Life Partners Holdings Inc. (NASDAQ: LPHI) Movin
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Posted On: 02/15/2013 9:06:05 AM
Life Partners Holdings Inc. (NASDAQ: LPHI) Moving Towards Breakout Trade
Life Partners Holdings Inc. (NASDAQ: LPHI) is a specialty company engaged in the secondary market for life insurance generally known as “life settlements”. The practice of life settlement involves the purchase of life insurance policies at discounted or face value for investment purposes. The policyholder sells his or her policy and gets an immediate cash payment. The purchaser takes ownership interest in the policy and gets the death benefit when the insured dies...........
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