美國에서의 生命保險轉賣制度의 規制와 그 示唆點

다국어 초록 (Multilingual Abstract)

Viatical settlements consist of the buying and selling of life insurance policies of terminally ill policyholders. Viatical settlement agreements arose from the need of terminally ill persons to obtain funds to pay exorbitant medical expenses caused by the rising costs of health care in USA. The insured is paid a lump sum of money and the viatical settlement company obtains the right to receive the death benefits of the policy when the individual dies. The viatical settlement business emerged in 1989 with the company engaging in this type of transaction.
This note deals with the following contents.
Section Ⅱ discusses the history and characteristics of the industry.
Section Ⅲ explores advantages and disadvantages of the availability of the viatical settlement option, and provides an in-depth examination of the operation of viatical settlement companies. It discusses the process by which an individual and a viatical settlement company enter into a viatical settlement, including purchase criteria, risks assumed by the viatical settlement company.
Section Ⅳ explores the theory of viatical settlements as security transactions regulated by the SEC. Therefore this section considers the classification of viatical settlement as securities for purposes of the Securities Laws.
Section Ⅴ examines the Viatical Settlement Model Act and Model Regulation proposed by the National Association of Insurance Commissioners (NAIC). Because most states have modeled their legislation after the National Association of Insurance Commissioners' Model Act and Model Regulation.
Section Ⅵ is the conclusion of this paper, and discusses the influence that the viatical settlement in USA experts on the related legal system in KOREA.

목차 (Table of Contents)

• Ⅰ. 序論
• Ⅱ. 生命保險轉賣事業의 發展過程과 去來構造
• Ⅲ. 生命保險轉賣事業의 制度的 效用性과 危險性
• Ⅳ. 生命保險轉賣事業에 대한 聯邦證券法上의 規制
• Ⅴ. 生命保險轉賣事業에 대한 州法上의 規制
• Ⅵ. 평가 및 우리 법제에 대한 시사점
• 참고문헌
• 〈Abstract〉

참고문헌 (Reference)

1 김선정, "보험계약자 변경-동경고재 2006년 3월 22일 판결과 후속논의를 중심으로" 교보생명연수원 2008

2 권형수, "미국생명보험전매제도 운영현황 및 국내도입시 고려사항" (18) : 2006

3 김형기, "미국ㆍ일본에 있어 생명보험전매 추세 및 규제현황" 2008

4 田中英夫, "英美法辭典" 東京大學出版會 1991

5 金建植, "美國證券法" 弘文社 1991

6 西原愼治, "生命保險契約者の地位の讓渡-東京地裁平成17年11月17日判決契機として" 35 (35): 2006

7 黑沼悅郞, "アメリカ證券取引法" 弘文堂 2004

8 Elizabeth L. Deeley, "“VIATICAL SETTLEMENTS ARE NOT SECURITIES: IS IT LAW OR SYMPATHY?”, 66 Geo. Wash. L. Rev"

9 Andrew Spurrier, "“Notes And Commentaries, The Death of Death Futures? : The effects of the Health Insurance Portability and Accountability Act of 1996 on the Insurance and Viatical Settlement Industries”, 4 Conn. Ins. L. J. 807"

10 Liza M. Ray, "“Comment, The Viatical Settlement Industry: Betting on? people's lives is certainly no “EXACTA”, 17 J. Contemp. Health L. & Pol'y 321"

11 Florence Bih Shu-Acquaye, "“Article, Viatical Settlement Industry : Does Mutual Benefits Render It Terminal?” 7 Transactions: Tenn. J. Bus. L. 7"

12 "http://www.viatical.jp(일본 (株)リスク?マネジメント?究所)"

13 "http://www.kumholife.co.kr/data/insu_data/sub"

14 "http://www.insunet.co.kr"

15 "http://news.moneytoday.co.kr/view/mtview"

16 "http://naic.org(전미보험감독관협회(NAIC)"

17 "http://insurance newsnet.com"

18 Joyce B. Link, "Viatical Settlements, What do the Courts have to Say"

19 NAIC, "Viatical Settlement Model Regulation"

20 NAIC, "Viatical Settlement Model Act"

21 Bertram Harnett, "The Law of Life and Health Insurance" LEXIS Law Publishing 2006

22 Miriam R. Albert, "The FUTURE OF DEATH FUTURES : Why Viatical Settlements must be classified as Securities”"

23 Michele Meyer McCarthy, "State Regulation of Viatical Life Insurance Programs, Viatical Settlements, and Viatical Investments"

24 NAIFA news letter, "STOLI ALERT"

25 Michael Cavendish, "Policing Terminal Illness Investing: How Florida Regulates Viatical Settlement Contracts"

26 Stephan R. Leimberg, "Planners Must Be Aware Of The Danger Signals Of ‘Free’ Life Insurance"

27 Sachin Kohli, "PRICING DEATH: ANALYZING THE SECONDARY MARKET FOR LIFE INSURANCE POLICIES AND ITS REGULATORY ENVIRONMENT"

28 Jennifer A. Lann, "Note, Viatical Settlements : An explanation of the process, an analysis of state regulations, and an examination of Viatical Settlements as securities"

29 Jim Connolly, "NAIC Viatical Model Passes Without Licensing Requirement" Nat'l Underwriter Life &Health 2004

30 JonDonenberg, "MEDICAIDANDBENEFICIARYENFORCEMENT: MAINTAININGSTATECOMPLIANCEWITHFEDERALAVAILABILITY REQUIREMENTS"

31 Sanford C. Bernstein, "Life Insurance Long View - Life Settlements Need Not Be Unsettling"

32 Lore Postman, "Investors pay the dying, yield high returns" 1996

33 Michele Meyer McCarthy, "Federal Regulation of Viatical Life Insurance Programs, Viatical Settlements, and Viatical Investments"

34 Pamela Sherrid, "Enriching the Final Days"

35 Steven Arenson, "Consider Life Settlements as an Option for Divesting Life Policies"

36 Margo L. Intrator, "Comment, The debate surrounding Viatical Settlement"

37 Jeffrey A. Baskies, "Aggressive Viatical Settlement Transactions : Gambling On Human Lives"

38 日本 生命保險協會, "11.)" 海外ニュ-ス 74 (74): 2006

39 日本 生命保險協會, "1.)" 海外ニュ-ス 75 (75): 2007