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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 SETTLEMENT OPTION

Beneficiaries have many types of options of how they wish to receive the death benefit of a life insurance policy. Although options are specific to a certain contract, the common types are Lump sum payment at death, principle withdrawals after death with interest accruing, and payment schedules.

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