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Insurance Buyout: Policy Buyouts & Lump Sum Buyouts

In this article we will discuss a Policy Buyout, Lump Sum Buyout (LSBU) or Deferred Purchase Benefit (DPB). An insurance buyout guarantees that an insured will assuredly receive the full sum diagnosed with any of the critical illnesses specified in the policy. If not diagnosed with any of the critical illnesses during the entire tenure … Read more