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  2. How to cancel a life insurance policy

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

    If you have a term life insurance policy. Term life insurance provides coverage for a specified period, such as 10, 20 or 30 years. It’s a popular choice for those seeking affordable coverage ...

  3. 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 ...

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

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

    But typically, the seller will get more than the policy's cash-surrender value and less than the net death benefit. "Policy owners can net up to eight times more in a life settlement than if they ...

  5. 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] Such a sale provides the policy owner with a lump sum. [4]

  6. Endowment selling - Wikipedia

    en.wikipedia.org/wiki/Endowment_selling

    The insurance company would invest most of the premium into their with profits fund, which in turn would invest in a balanced portfolio of largely UK based stocks, shares, property and fixed interest assets. A small amount of the premium was used to provide life cover for the policy holder.

  7. 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.

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