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Viatical settlement

Noun
Word Frequency: 0.0

Definitions

1.NounThe sale of an already existing life insurance policy for more than its surrender value to a third party investor.

Synonyms

viaticus settlementdeath benefitlife insurancelife assurancefire insuranceinsuranceinheritanceinsurance claimhospitalization insuranceliability insuranceterm insuranceindemnification
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