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Tag: "Beneficiary"

Viatical Life Insurance Settlements

Viatical Life Insurance Settlements

admin | December 18, 2007 | Comments (9)

A Viatical Life Insurance settlement is an agreement to sell the ownership of your life insurance policy to another, unrelated person, who then becomes both the owner and beneficiary of the policy.

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What is a life insurance policy?

What is a life insurance policy?

admin | December 13, 2007

Life Insurance is a contract between the policy owner and the insurer. The insurer agrees to pay a sum of money in the event of the policy holders death to the designated Beneficiary. A Life Insurance Policy is based upon life of the person named in the policy. The policy is paid out when the [...]

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What is Term Life Insurance?

What is Term Life Insurance?

admin | December 11, 2007

Term Life Insurance is a policy that must be renewed annually and is considered to be a pure insurance protection.

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