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EEA Life Settlements Fund

EEA Life Settlements Fund

A Life Settlement is the sale of a US life insurance policy to a third party, where the insured has an impaired life expectancy.

In exchange for a payment in excess of the policy’s cash surrender value (even if none exists) the purchaser becomes the new owner of the policy. The new policy owner pays all future premiums during the remaining life of the insured and ultimately collects the full ‘face value’ of the policy on maturity.

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