Concept information
Terme préférentiel
life settlements
Définition
- A life settlement represents the sale of an existing insurance policy to a third party. In a life settlement, as contrasted with other relationships, the third party does not have an insurable interest in the life of the insured: that is, the purchaser does not have an “interest” in the continuing life of the insured in the manner of a traditional beneficiary, who is usually related to the insured (spouse, sibling, child, etc.). [Source: Encyclopedia of Business Ethics and Society; Life Settlements]
Concept générique
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-P682N338-X
{{label}}
{{#each values }} {{! loop through ConceptPropertyValue objects }}
{{#if prefLabel }}
{{/if}}
{{/each}}
{{#if notation }}{{ notation }} {{/if}}{{ prefLabel }}
{{#ifDifferentLabelLang lang }} ({{ lang }}){{/ifDifferentLabelLang}}
{{#if vocabName }}
{{ vocabName }}
{{/if}}