1. APPARITOR(1).
2. A terminally or chronically ill life-insurance policyholder who sells the policy to a third party in return for a lump-sum payment equal to a percentage of the policy’s face value. [Cases: Insurance 1994.]
1. APPARITOR(1).
2. A terminally or chronically ill life-insurance policyholder who sells the policy to a third party in return for a lump-sum payment equal to a percentage of the policy’s face value. [Cases: Insurance 1994.]