What is a viatical settlement? It is an arrangement where someone with a terminal illness sells or transfers ownership of a life insurance policy to a person or company and in return, received a percentage of the face value of the policy - allows terminally ill person to receive cash for various needs now.
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|Terminology||Legal issues||Financial issues|
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viatical settlements: legal issues, financial considerations,
terminology associated with the industry, links to viatical settlement
providers and brokers, governmental regulation, and alternatives
if you decide a viatical settlement is not right for you.
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