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Financial terms in "Venture Capital"
3. venture 4. venture capital limited partnership 5. sponsor 7. deal 8. seed capital 10. fund 11. traunch 12. investee 13. low-income housing limited partnership 14. Private Equity 15. term sheet 16. lead investor 18. civilian unemployment rate 19. mezzanine debt | 20. ground floor 21. master limited partnership 22. pitch 23. financier 24. direct financing 28. venture-capital-backed IPO 30. Startup 31. Incubator 32. liquidity event 33. add-on service 34. series 22 36. risk capital 37. Chartered Alternative Investment Analyst (CAIA) 38. risk 39. financing | 42. owner-employee 43. Venture Capital 44. Exit Strategy 45. full ratchet 46. angel investor 48. vintage year 50. capital call 51. round of funding 52. down round 53. due diligence 54. Limited partner |
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Definition / Meaning of
Life Settlement
Categories: Insurance,
If you are over age 70 and no longer need your life insurance policy, you may be able to sell it to a third party in what's called a life settlement. You're paid a cash amount less than the death benefit but typically greater than the surrender value, and the party that buys your policy will get the death benefit when you die. Similar to viatical settlements, in which terminally ill people may sell their life insurance policies, generally to use the cash to pay for healthcare, life settlements let you forgo a death benefit and use the cash in your policy while you're alive. However, life settlements are for people who are healthy and expect to live more than a couple of years. Specific rules for life settlements are set by the state where a specific transaction takes place.Some businesses specialize in buying life insurance policies from older or terminally ill individuals and reselling them as investments. However, because these insurance arrangements are controversial and most investors understand them poorly, both people considering selling policies and people considering investing in them are advised to proceed with caution. For example, there may be complex estate-planning and tax consequences to life settlements.
Most popular terms
1. Fiduciary2. Retired Directors Liability Policies
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4. Flash Mob
5. Filing Basis
6. Health Savings Account (HSA)
7. Preapproval
8. Family Exclusion
9. Concurrent Causation
10. Corridor Self-insured Retention
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