Stranger-Owned and Stranger-Originated Life Insurance (STOLI) Checklist

Summary

This Stranger-Owned and Stranger-Originated Life Insurance (STOLI) Checklist highlights the differences between stranger-owned life insurance and stranger-originated life insurance (both referred to as STOLI), as well as what to look for in life settlements and viatical settlements. STOLI can be considered both a product or a transaction. Either interpretation (a product or a transaction) involves the same type of process and the same variety of insurance product—life insurance.