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Entries Tagged as 'viatical settlements'

Life Settlements: How Government Made Investing In The Death Of Other People A Profitable Business

August 10th, 2010 · No Comments · Investing

A life settlement is an arrangement in which an individual who owns a life insurance policy sells their policy to a 3rd party investor. These investors are called viatical settlement companies, or life settlement companies. A life settlement company typically purchased life insurance policies from terminally ill individuals or senior citizens. The settlement company pays [...]

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