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Does the seller continue to pay the premiums after the viatical or senior life settlement sale is complete?

April 26, 2017COMPLETE Continue life pay premiums sale seller Senior viatical

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Does the seller continue to pay the premiums after the viatical or senior life settlement sale is complete?

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No. Upon completion of the viatical or senior life settlement transaction, the seller’s rights and responsibilities for premium payments on the policy will cease.