Sentences with phrase «beneficiaries upon settlement»

SUCH FUNDS ARE GENERALLY PAID DIRECTLY TO YOUR DESIGNATED BENEFICIARIES UPON SETTLEMENT OF YOUR ESTATE.

Not exact matches

In fact, arguably the real downside of a life settlement to a consumer is simply that the intended beneficiaries of the policy will no longer receive the policy benefits upon the passing of the insured.

In fact, arguably the real downside of a life settlement to a consumer is simply that the intended beneficiaries of the policy will no longer receive the policy benefits upon the passing of the insured.

Upon selling the life insurance policy to the viatical settlement provider, the company or the individual will be the sole beneficiary of the entire policy while delivering payment to the policyholder and paying the mandated premiums of the policy.