Life insurance settlements, or life settlements, are life insurance policies owned by investor-beneficiaries on the lives of unrelated individuals. With life settlements, investors make substantial ...payments to the insured individuals upon purchasing such policies, pay any remaining premius, and collect the death benefits upon the demise of the insured individuals. Transactions involving life settlements seem poised to become a major source of profits for investment banks, comparable in dollar amount to subprime mortgages. With life settlements, the insured individuals suffer no immediate harm, and the sale of a policy an individual owns is permissible under current law. Nevertheless, moral questions can be posed about the social values expressed by these practices, the effect of these practices on the virtue of charity, and the overall loss of social utility that will result from life settlements. We consider life settlements from utilitarian and libertarian perspectives, and then consider the effects of life settlements on social values and on individual character. On balance, we favor legislative changes in insurance and tax laws to discourage life settlements, and argue that certain forms of life settlements should be banned outright.
Consumers who want to feel more exotic this holiday season will be drawn to Kahlua's "Everyday Exotic" holiday packaging. This year, Kahlua is offering a value-added box of a 750ml bottle of Kahlua ...and a variety of 50ml Stoli flavors. The Stoli flavor offerings include Razberi, Vanil, Ohranj and Persik (Peach). This value-added box also contains recipes for Kahlua classic cocktails, including the classic Kahlua White Russian. Kahlua is also offering a 750ml bottle that comes with 50mls of Malibu, Stoli Vanil(tm) and Sauza(R) Hornitos - for those exotic enthusiasts. For the traditional set, a Kahlua bottle with two accompanying glasses will be offered, as well as Kahlua with gift wrap. Case cards and pole toppers will appear in off-premise accounts to remind consumers to "Enjoy an exotic Holiday Season." Stoli's "Best Chilled" theme rings clear this holiday season with frosty three-dimensional pole toppers that will decorate Stolichnaya's displays. Stoli base and four of its flavors - Stoli Razberi, Stoli Vanil, Stoli Ohranj and Stoli Persik - will offer 750ml bottles along with gift wrap and recipe ideas. To encourage flavor sampling, a Stoli Rainbow Gift Pack will include one 750ml bottle of Stolichnaya with four (one each) 50ml bottles of Razberi, Vanil, Ohranj and Persik (Peach). Case cards will also highlight that Stoli tastes best when serve chilled.
Stolichnaya(R) is the world's top-selling vodka brand and the second largest imported vodka in the United States. The product's unique taste results from its time-honored recipe and distillation ...process. Allied Domecq is the trademark owner in the U.S. for Stolichnaya, the number-one genuine Russian vodka. In addition to 80 proof Stoli Persik(R) vodka and the newly launched Stoli Elit(TM), the popular flavored varieties include 70 proof Stoli Ohranj(TM) (orange), 70 proof Stoli Razberi(TM) (raspberry), 70 proof Stoli Vanil(TM) (vanilla), 70 proof Stoli Strasberi(TM) (strawberry). 70 proof Stoli Persik(TM) (peach), 70 proof Stoli Cranberi(TM) (cranberry) and 70 proof Stoli Citros(TM) (citrus). Also included in the product line are Stoli(R) 100 proof and Stoli(R) Gold. For more information, visit http://www.stoli.com. Stolichnaya Russian Vodka, 100% Grain Neutral Spirits, 40% alc./vol. (80 proof), Allied Domecq Spirits, USA, Westport, CT. Allied Domecq reminds consumers to "Drink Stoli Responsibly."
