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Investopedia explains 'Viatical Settlement'
This is extremely risky. The rate of return is unknown because it's impossible to know when someone will die.
If you invest in a viatical settlement, you are basically speculating on death. Therefore, the longer the life expectancy, the cheaper the policy. But because of the time value of money, the longer the person lives, the lower your return. This is undoubtedly one of the more morbid investments you can buy.
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