death futures

pl n

(Insurance) life insurance policies of terminally ill people that are bought speculatively for a lump sum by a company, enabling it to collect the proceeds of the policies when the sufferers die

Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

Mentioned in ?

viatical settlement

References in periodicals archive ?

The firms are distributing leaflets at practises, advertising 'death futures' - schemes aimed particularly at the terminally ill.

British charity Life Benefit Resources has been trading in 'death futures' for the past 10 years.

SALESMEN HUNT DOWN DYING TO SELL INSURANCE; Doctors surgeries used to push death policies

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