Who currently holds the largest life-insurance policy?... and who's beneficiaries received the the highest historical pay-out for a past policy?
by 
technios
ANSWERS: 3
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Have no idea, but it would be interesting to know.
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you will probably never know since this is all privliged information never part of the public knowlege. However know that historicly speeking life insurance is the most common and effective way of passing wealth from one generation to the next as is is all tax sheltered. For example the richest man on the planet may have all of his worth tied up in business ventures and property not liquid. Now his dependants will get the businesses and the properties and the government will take their chunk but none of that will pay a mortgage payment. With life insurance he has a 50 million dollar policy that he paid lets say 5 million for. This allowes him to hand that 50 million to his dependants at the time of his death for the cost of 5 million and all of that money going to the dependants is TAX FREE. Any other type of final planning has tax reprocussions.
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Back in 2014 Guinness listed 201 million-dollar life insurance policy as the record, but didn't specify who the holder was http://www.cnbc.com/2014/03/14/someone-just-bought-the-most-expensive-life-insurance-policy-ever.html
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