An Alabama viatical settlement is completed under the same parameters and guidelines as with any other state. An individual considering entering into an Alabama viatical settlement is looking to receive a cash offer for their life insurance policy. In order to complete an Alabama viatical settlement, that individual must be suffering from a terminal illness.
Viatical settlements are a way for terminally ill individuals to generate access to cash through the sale of their life insurance policy to a third party. The seller can then use those funds to pay off medical bills, pay for treatments not covered by health insurance or enjoy their time through travel.
If you or someone you know is terminally ill, they may be eligible to enjoy the benefits of their life insurance policy while they are still with us. To find out more about Alabama viatical settlements and to receive a free policy evaluation, visit LIVEpdq today!