What if I die shortly after selling my policy?
If you die at any time up to the 15th day after you receive the money from the
provider, the settlement contract will automatically cancel. The provider will pay the
owner of your policy or beneficiaries designated by the owner in the life settlement
contract any proceeds it receives from your policy, minus any money it already paid
for the purchase of your policy and any premiums it paid to the insurance company to
keep your policy current. The insurance company or the provider should refund any
unearned premiums paid.