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kogti [31]
3 years ago
11

Buying the beneficiary position on a life insurance policy of someone who is dying

Business
1 answer:
MaRussiya [10]3 years ago
6 0

Buying the beneficiary position on a life insurance policy of someone who is dying is referred to as <u>Viatical Settlement</u>

Explanation:

  • <u>Viatical settlement</u> refers to the sale of a life insurance policy by the owner to a third party for a amount which is more than its surrender value but less than its net death benefit.
  • Viatical settlement provides the policy owner with a lump some amount of money.
  • The <u>viatical settlement </u>is tax-free as per the Health Insurance Portability and Accountability Act (HIPAA) 1996

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<h3>What is the market frequency?</h3>
  • The likelihood that a particular consumer will see an advertisement during a marketing campaign is known as frequency.
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  • Marketing describes the actions a business does to encourage the purchase or sale of a good or service.
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8 0
1 year ago
The costs and risks associated with doing business in a foreign country are typically?
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The costs and risks associated with doing business in a foreign country are typically lower in economically advanced and politically stable democratic nations.

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6 0
1 year ago
It was discovered that lead from paint leaked into the ground and caused many health problems, especially among children. Today,
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<span>The government has REGULATIONS to protect people from being harmed by lead.


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3 years ago
A price change causes the quantity demanded of a good to decrease by 30%, while the total revenue of that good increases by 15%.
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3 years ago
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Thepotemich [5.8K]

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