Among other insurance plans, life insurance is the one you buy hoping it doesn't have an untimely payout. Frank wanted it to pay out anyway — to him, and while he was still alive. And he found a buyer for his policies. Frank, an auditor at a major railroad, told NPR's Planet Money that he sold both policies, worth a combined $1.5 million, to a company, and that when he dies, the money goes to whoever owns them by then. His wife signed away her rights as beneficiary, and he got $430,000 in exchange for t ...