TheBody.com: Selling Your Life Insurance
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Other links at Insurance > Life > Viatical and Senior Settlements
Encyclopedia article offering definition, use, and history,
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From Wikipedia, the free encyclopedia
A viatical settlement is the sale of a
owner before the policy matures. Such a sale, at a price discounted from the face amount of the policy but usually in excess of the premiums paid or current
, provides the seller an immediate cash settlement. Generally,
waiting for hand_moderation
Non-profit resource site describes viatical settlements, their history, benefits, and potential problems.
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Guide to Viatical Settlements
ViaticalWeb provides information about viatical settlements. We do
not buy or sell these settlements. We are a nonprofit consumer
resource , providing information about these financial transactions.
Viatical settlements involve a terminally or chronically
ill
waiting for hand_moderation
Describes the process, including what policies are eligible, who qualifies to sell a policy, and points to consider.
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Sunday, February 28, 2010
cash for life insurance that is no longer needed or cost effective.
Many Americans are concerned
about their personal financial future in an uncertain economy that
the US has experienced recently. Life settlements or "senior"
settlements, have become
waiting for hand_moderation