Whitman-Walker Finds Funds

From: The Washington Post | Date: September 12, 1995 | Copyright information

A SIGNIFICANT number of AIDS patients run out of money during the course of their treatment but have unreachable assets in the form of life insurance policies that will pay out only after their deaths. In recent years some insurers have agreed to pay these benefits early, at a discounted rate, to policyholders who have a terminal illness. In cases where an insurer does not allow pre-death payment, organizations called viaticum companies will often buy the policy, again at a discount, so that ...

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