Most Americans own 1 life insurance policy. Why do incoming SEC chair Paul Atkins and his wife own 54?

Quick Summary:

Experts speculated that the dozens of policies may be a tax strategy—or that Atkins may be buying up others' policies as an investment.

Companies often grant employees or board members life insurance policies, she said.

He pointed to the variety of issuers on Atkins’ disclosure document as well as the variation in value of the life insurance policies.

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Article Details

Author / Journalist: Ben Weiss

Category: EconomyBusiness

Markets: United States

Topics: Securities and Exchange Commission Personal Finance Insurance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-27 @ 16:02:41 (5 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 800 words

Reading Time: 5 minutes read

Sentences: 7 lines

Sentence Length: 115 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27371721

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