The Role of the Secondary Market for Life Insurance in Preserving a Family Business
指出家族企业常拥有人寿保险这一隐藏资产，可通过二级市场（寿险保单贴现）获取资本、应对竞争或实现资产多元化，并主张保护该市场免受保险业限制。
A family business may have a hidden asset that can be tapped and sued to its advantage to fight off competitive threats, access capital in difficult times, act upon growth opportunities, or diversity assets. This untapped asset is a life insurance policy. Many family businesses own life insurance to protect their owners and are ideal candidates for life settlement if they do not own a qualifying policy. This article argues that the secondary market of life insurance provides viable estate planning strategies for family businesses and should be safeguarded and preserved from the efforts of the insurance industry and other organizations to limit their use.