A viatical settlement is the sale of a life insurance policy by the policy owner before the policy matures. Such a sale, at a price discounted from the face amount of the policy but usually in excess of the premiums paid or current cash surrender value, provides the seller an immediate cash settlement. Similar to reverse mortgages, viatical settlements involve insured individuals with a life expectancy of less than five years. In countries with high health care costs (such as the United States), this is a practical way to pay extremely high health insurance premiums and other senior care expenses that severely ill people face. Some people are also familiar with life settlements, which are similar transactions but involve insureds with longer life expectancies (two to fifteen years). - From Wikipedia and other sources 5/2007Luxury Orlando Retirement Homes Community Offers $49 Vacation Getaway for Two During Discovery Days
Orlando, FL (PRWEB) August 31, 2007 -- In an effort to promote their new Orlando golf homes (http://www.avatarhomes.com/communities/solivita/discoverydaysInfo.html) community for those age 55 and better, Solivita® is offering 55+ couples a $49 three day, two night getaway that includes:
- Two-night hotel stay
- Complimentary lunch for two in the Mediterranean-style Village Center
Free use of recreational facilities including:
- 32,000 sq. ft. Spa & Fitness Center
- Indoor and outdoor pools
- 17,000 sq. ft. Starlite Ballroom
- A variety of arts and crafts classes
- 7 lighted tennis courts
- 5 lighted pickle ball courts
- Championship caliber softball diamond
For a total of $69, couples can also enjoy a complimentary round of golf, played amidst the community's luxury Orlando golf homes on one of two championship golf courses.
Solivita® is currently selling 24 luxury style Orlando retirement homes (http://www.solivita.com) that range in price from upper $100K's to over $500K. Those who purchase a home during their initial Discovery Days visit will be reimbursed for their travel expenses of airfare and gas up to a total of $1500.
"There are over 70 clubs and organizations and over 100 weekly activities to keep residents feeling young and energetic. Life here is like living on a luxury cruise ship that never leaves the pier," says Nanette Plescia, Corporate Vice-President of Marketing at Solivita® Orlando retirement homes community. (http://www.solivita.com)
The award winning Orlando golf homes community is planning to add many additional amenities to the property this December including a 19,000 square foot clubhouse with a state-of-the-art fitness center, a 4,000 square foot outdoor heated lap and splash pool, and much more.
For more information about Solivita®'s $49 or $69 Discovery Days offer or to reserve your Discovery Days dates, visit http://www.avatarhomes.com/communities/solivita/discoverydaysInfo.html
About Solivita®: Solivita® (http://www.solivita.com) is an award winning Orlando retirement homes community that offers luxurious lifestyle living for those ages 55 and better. With more than 70 clubs and organizations, over 100 weekly activities, and luxury living amenities, the community is designed for those who choose to live their retirement years with purpose and excitement.
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