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Life Settlement
Educational Information
Welcome Funds has compiled every term, phrase & definition related to life settlements. Have more questions? Call us toll-free at 1-877-227-4484 or complete our Quick Online Qualifier to determine your eligibility.

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DEFINITION OF ASSIGNMENT


Life insurance is property, meaning all rights are legally assignable to another party in part or in full. The life insurance policy owner can assign beneficiary rights, policy ownership, or place a collateral assignment.

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