Apollo are scumbags.
If one had to guess which hedge fund would be engaging in this behavior-Apollo would be near the top of many lists.
I you think about it, not really. A person has a $100,000 life insurance policy & a company offers XX number of dollars. Maybe the insured has other bills that they needed the $$ now, not later. Reverse mortgages can be helpful when a person is equity rich, cash poor.