Answered

Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

s is a life insruance policyowner and enters into a written agreement to receive immediate cash in exhage

Sagot :

S, a life insurance policyholder, signs a formal agreement to sell and transfer her life insurance policy in exchange for instant cash. A Viatical Settlement is the name given to this arrangement.

A contractual settlement is a written agreement to give a life insurance policy holder instant cash in exchange for the sale and transfer of a life insurance policy. A contract between an insurance policy holder and an insurance company in which the insurer agrees to pay a quantity of money in exchange for a premium upon the demise of an insured person or after a specific amount of time is known as life insurance.

To learn more about life insurance here

https://brainly.com/question/14493355

#SPJ4

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.