by lakemen » Sat Jul 08, 2006 11:44 am
Viatical Settlement Companies
Insurance companies that buy out life insurance policies at high discounts from the owners of the policy. Such owners are usually terminally ill and need the money to pay for their medical bills or for further treatment. These firms provide early payouts to the policy owners, take responsibility for the premiums and collect the proceeds in the event of the policyholder's death.
Insurance companies that buy out life insurance policies at high discounts from the owners of the policy. Such owners are usually terminally ill and need the money to pay for their medical bills or for further treatment. These firms provide early payouts to the policy owners, take responsibility for the premiums and collect the proceeds in the event of the policyholder's death.
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