William Scott Page
William Scott Page | |
---|---|
Born | November 14, 1963 Baltimore, Maryland, U.S.[1] |
💼 Occupation | |
👔 Employer | Lifeguide Partners |
William Scott Page is an American businessman and CEO of Lifeguide Partners, a company that helps seniors and the seriously ill access funds to pay for retirement costs and medical expenses.[2] He is the former CEO of The Lifeline Program, a life settlement provider based in Atlanta, Georgia.[3] Page founded Lifeline in 1989, making him an originator of the life insurance settlement industry.[1][4] He is a former president of the National Viatical Association, now known as the Life Insurance Settlement Association.[1][5][6]
Career[edit]
Page served in the United States Air Force from 1984 to 1988, during which time he led a program supporting soldiers with HIV and AIDS.[5] Shortly after leaving the Air Force, he used his experience as a counselor to help a friend who had been diagnosed with AIDS to make financial plans. His friend was unable to afford medical treatment for AIDS, but had a substantial life insurance policy; Page recommended that his friend take a loan to pay for his health care, using the beneficiary rights of his life insurance policy as collateral.[5] In this way, the friend was able to effectively sell the policy and use its value to pay for his medical needs.
Inspired by the experience, Page founded a Cleveland-based viatical settlement company in 1989 called Wm. Page & Associates, which operated under the name The Lifeline Program. The company relocated to Fort Lauderdale, Florida in 1994 to work with the area's large population of HIV/AIDS patients.[5][6] Page later moved the company to the Atlanta region.
In 1999, Page contributed to a state and federal criminal investigation into potentially fraudulent practices by another viatical settlement business in Florida. The firm under investigation had purchased life insurance policies from Page & Associates but was unwilling to share any details of its own operations with Page, which led him to suspect wrongdoing.[1][4][6] Page eventually gave testimony that contributed to the head of the other firm's conviction of fraud.[7]
Page is CEO of LifeGuide Partners and regularly counsels seniors and the severely ill about retirement and financial issues.[2] He created a longevity calculator and works with clients to combat so-called financial toxicity, the economic burden that often accompanies a severe or terminal diagnosis.[2][8]
Other activities[edit]
Since 2011, Page has authored a guest blog for The Huffington Post, where he writes about life settlements and financial issues facing seniors and baby boomers.[9] Since 2012 he has appeared frequently on Fox Business Network's Varney & Co., a business news talk show, as a guest expert on insurance and life settlement issues.[10] He has also been interviewed as an insurance settlement industry expert by the New York Times Magazine,[11] the Wall Street Journal,[1][12] and others. He is the author of It's Never Too Late: Getting Older, Wiser, and Worry Free in Our Golden Years.[13] During the 2020 Coronavirus pandemic, syndicated “The ListTV” television show featured him and retirement tips during this economic downturn.[14]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 1.4 Blackmon, Douglas A. (July 29, 1999). "Lost Benefits". Wall Street Journal.
- ↑ 2.0 2.1 2.2 Page, Scott. "When talking to your doctor about care, cost should be part of the conversation". baltimoresun.com. Retrieved 2019-10-30.
- ↑ "Wm. Scott Page: President and CEO". The Lifeline Program. Retrieved August 1, 2013.
- ↑ 4.0 4.1 Stieghorst, Tom; Hillman, Leslie; Fins, Antonio (July 30, 1999). "Investigators Target 2 Firms". South Florida Sun Sentinel. Fort Lauderdale. Retrieved August 1, 2013.
- ↑ 5.0 5.1 5.2 5.3 Ellerson, Amy (March 24, 1997). "Ill Friend Was Spark For Insurance Buy-Outs". Miami Herald. Retrieved August 1, 2013.
- ↑ 6.0 6.1 6.2 Royse, David (August 4, 1999). "FRAUD ALLEGED FOR 'DEATH' INVESTORS". Associated Press. Retrieved August 1, 2013.
- ↑ "Viatical scheme operator sentenced to 55 years". Boca Raton News. Associated Press. December 13, 2000. Retrieved August 29, 2013.
- ↑ "Scott Page can tell you how long you'll live". www.bizjournals.com. Retrieved 2019-10-30. Unknown parameter
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ignored (help) - ↑ "Wm. Scott Page". The Huffington Post. Retrieved August 1, 2013.
- ↑ "Search: Scott Page". Fox Business. Retrieved August 1, 2013.
- ↑ Vlahos, James (August 10, 2012). "Are You Worth More Dead Than Alive?". New York Times Magazine. Retrieved August 6, 2013.
- ↑ Greene, Kelly (June 16, 2013). "States Ease Use of Life Policies for Elder Care". Wall Street Journal. Retrieved August 6, 2013.
- ↑ Page, Scott (February 2, 2016). It's Never Too Late: Getting Older, Wiser, and Worry Free in Our Golden Years. ISBN 978-1630476236. Search this book on
- ↑ https://www.thelisttv.com/the-list/retiring-during-a-pandemic-4-27-20/
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