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  2. Life settlement - Wikipedia

    en.wikipedia.org/wiki/Life_settlement

    A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3]

  3. How to cancel a life insurance policy

    www.aol.com/finance/cancel-life-insurance-policy...

    When selling a life insurance policy, you typically have two options: a viatical settlement or a life settlement. The choice between these two usually depends on your health and financial needs.

  4. How to sell your life insurance policy

    www.aol.com/finance/sell-life-insurance-policy...

    Surrender your policy: Permanent life insurance policies with cash value can be surrendered, allowing you to receive the surrender value — the cash value minus any fees or outstanding balances ...

  5. Does It Make Sense to Sell Your Life Insurance Policy?

    www.aol.com/news/2010-12-24-life-insurance...

    Let's say a person who owns a $1 million policy with $200,000 in cash-surrender value receives an offer of $300,000 from a life-settlement provider. ... the need for the policy could drive a sound ...

  6. Long Term Care Benefit Plan - Wikipedia

    en.wikipedia.org/wiki/Long_Term_Care_Benefit_Plan

    People have a legal right to sell their life insurance policies. [4] Life insurance policies are sold as Long Term Care Benefit Plans to pay for long term care, including assisted living and home care rather than a policy be surrendered or allowing it to lapse. [1] [5] A Long Term Care Benefit Plan is also known as an Assurance Benefit Plan.

  7. Closing (real estate) - Wikipedia

    en.wikipedia.org/wiki/Closing_(real_estate)

    The closing date is set during the property negotiation phase and is usually several weeks after an offer is formally accepted. [2] At a high level, the closing typically involves the following parties: the seller, the buyer, real estate agents, attorneys (depending on the state), the mortgage lender, and the settlement agency (also known as a ...

  8. Should I Choose a Life or Viatical Settlement? - AOL

    www.aol.com/choose-life-viatical-settlement...

    The ins and outs of life insurance can be complex. That can be especially true if you want to sell your life insurance policy. There are two types of settlements: life settlements and viatical ...

  9. Covenant (law) - Wikipedia

    en.wikipedia.org/wiki/Covenant_(law)

    In property law, land-related covenants are called "real covenants", " covenants, conditions and restrictions " (CCRs) or "deed restrictions" and are a major form of covenant, typically imposing restrictions on how the land may be used (negative covenants) or requiring a certain continuing action (affirmative covenant).

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