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Navagation: Insurance Directory > Life Settlement
Life Settlement Life Settlement: A life settlement is the sale of a life insurance policy to a third party, where the insured individual does NOT have a known life-threatening or terminal illness or condition. This differs from viatical settlements where the insured individual does have a life threatening condition. Besides providing cash, life settlements relieve the policy owner of having to continue to pay life insurance premiums. For more info on life settlement, follow links.
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