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Question 3 of 10 in Selling Policies--Viatical Settlements |
How much is the payout? |
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The payout to the insured is, of course, less than the full amount that would be payable at death. The payout to the viatical firm is the death claim proceeds at the time the insured dies. The viatical firm takes the risk that the insured might live much longer than expected. |
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