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2. How to track unclaimed life insurance - AOL

   www.aol.com/finance/track-unclaimed-life...

   In addition to the MIB, you might also consider a service like Policy Inspector, which conducts a comprehensive life insurance policy search for $119. Policy Inspector digs deeper, helping locate ...

3. Life settlement - Wikipedia

   en.wikipedia.org/wiki/Life_settlement

   A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3] Such a sale provides the policy owner with a lump sum. [4]

4. How to cancel a life insurance policy

   www.aol.com/finance/cancel-life-insurance-policy...

   The buyer offers a lump sum payment that is less than the policy’s death benefit but typically more than the cash surrender value. This option can provide immediate financial relief for medical ...

5. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person.

6. Lump sum payout vs. annuity from a pension: How to decide - AOL

   www.aol.com/finance/lump-sum-payout-vs-annuity...

   Another option is taking a lump sum and using it to purchase a private annuity from a life insurance company. However, this option — sometimes called a pension annuity — doesn’t make sense ...

7. Endowment policy - Wikipedia

   en.wikipedia.org/wiki/Endowment_policy

   An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death. [1] [2] These are long-term policies, often designed to repay a mortgage loan, with typical maturities between ten and thirty years within certain age limits.