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Viatical Life Settlements
- A viatical is a transaction where the owner of a life insurance policy sells his interest as the insured to a viatical settlement company. The viatical life settlement company makes a cash payment to the insured in exchange for ownership and beneficiary of the life insurance policy.
Veterans Administration Benefits:
- Long-term care costs can add up quickly. For veterans and the surviving spouses of veterans who need in-home care or are in a nursing home, help may be available. For additional information, visit: https://www.va.gov/geriatrics/guide/longtermcare/Paying_for_Long_Term_Care.asp
Paying for Home Care - Options