Sentences with VIATICAL-SETTLEMENT
Check out our example sentences below to help you understand the context.Sentences
1
"A viatical settlement is a financial transaction in which a person with a terminal illness sells their life insurance policy to a third party."
2
"The viatical settlement industry provides a way for terminally ill individuals to access the funds from their life insurance policy before they pass away."
3
"Investors in viatical settlements profit by collecting the death benefit of the life insurance policy when the insured person dies."
4
"The viatical settlement market emerged in the 1980s as a response to the AIDS crisis."
5
"People with a viatical settlement receive a lump sum payment in exchange for their life insurance policy."
6
"The amount of money a person can receive from a viatical settlement depends on factors such as their life expectancy and the value of the policy."
7
"Some states regulate viatical settlements to protect consumers from predatory practices."
8
"The viatical settlement process typically involves an assessment of the insured person's life expectancy."
9
"Investing in viatical settlements carries a certain level of risk, as the insured person's life expectancy can change."
10
"Obtaining a viatical settlement requires the consent of the life insurance policy's beneficiary."
11
"The viatical settlement industry has faced criticism for potential exploitation of vulnerable individuals."
12
"The financial value of a viatical settlement decreases as the insured person's life expectancy increases."
13
"Some viatical settlement providers may offer additional benefits, such as assistance with end-of-life planning."
14
"The viatical settlement market has evolved over time due to changes in medical advancements and regulations."
1
"He decided to cash in his life insurance policy early through a viatical settlement."
2
"The family used the viatical settlement funds to cover their medical expenses."
3
"Investors saw the potential profit in purchasing viatical settlements from terminally ill patients."
4
"She sought a viatical settlement to secure financial stability for her loved ones after her passing."
5
"The viatical settlement industry has grown significantly in recent years due to increased awareness."
6
"The company specializes in brokering viatical settlements for policyholders in need."
7
"The viatical settlement allowed him to receive a portion of his life insurance payout in advance."
8
"Many individuals facing terminal illnesses turn to viatical settlements as a means of financial support."
9
"Before pursuing a viatical settlement, it is advisable to consult with a financial advisor."
10
"They were able to pay for their son's college education with the viatical settlement proceeds."
