or reverse insurance plan?
saw a web which pratices this.. or so they claim...
which states...rather than waiting for the pension plan to mature 20 to 40 yrs later... the bank will pay the insurance company and in return..pay the clients back...immediately... and not wait for 30 40 yrs...
hmm sumtin like tat la.. i forgot the details..
so i just wana ask... anyone...investors or stock brokers or insurance agents knows of this plans?