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2. How to cancel a life insurance policy

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

   Most insurers have forms or online options to finalize the cancellation process, making it quick and convenient. ... When you surrender a permanent life insurance policy, ... Life settlement: A ...

3. 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]

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

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

   For premium support please call: 800-290-4726 more ways to reach us

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. Assuming 5% commission on the $1 million policy ...

6. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Permanent life insurance is life insurance that covers the remaining lifetime of the insured. A permanent insurance policy accumulates a cash value up to its date of maturation. The owner can access the money in the cash value by withdrawing money, borrowing the cash value, or surrendering the policy and receiving the surrender value.

7. Long Term Care Benefit Plan - Wikipedia

   en.wikipedia.org/wiki/Long_Term_Care_Benefit_Plan

   By exchanging a life insurance policy for a Long Term Care Benefit Plan, [9] the benefits go toward long term care including assisted living, home health care, and nursing homes. The conversion takes away the responsibility of premium payments from the family [ 2 ] and there is no wait period before benefits begin. [ 9 ]

8. 5 Ways to Get Life Insurance to Pay for Long-Term Care - AOL

   www.aol.com/5-ways-life-insurance-pay-145700157.html

   With a life settlement, a policy holder sells their life insurance policy to a third party for market value and uses the proceeds to fund a long-term care benefit plan. ... Surrender the life ...

9. Life annuity - Wikipedia

   en.wikipedia.org/wiki/Life_annuity

   The majority of life annuities are insurance products sold or issued by life insurance companies however substantial case law indicates that annuity products are not necessarily insurance products. [1] Annuities can be purchased to provide an income during retirement, or originate from a structured settlement of a personal injury lawsuit. Life ...