← Front page

Planet Money · Friday, August 14, 2026

Scott Page's Personal Journey and the Birth of the Life Settlement Industry

Scott Page's personal life, marked by a struggle with his sexuality and a desire for a lifelong partner, led him to enlist in the Air Force. He later found love with Greg, but their plans were disrupted when Greg was diagnosed with AIDS. Facing financial hardship, Scott discovered a way to leverage Greg's life insurance policy, a situation that inadvertently contributed to the development of the life settlement industry.

personScott PagepersonGreg

The tape

3 quotes
What Scott really wanted was to find somebody he could share his whole life with.
I didn't tell you I have AIDS because I was afraid if I did, I would have never had the chance for you to get to know me.
Greg
And so Scott planned to make Scott the beneficiary.
Heard on Planet Money — “You bet your life insurance, published Friday, August 14, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.05
Scott Page's Personal Journey and the Birth of the Life Settlement Industry — Heardvine