Viatical and life settlements are two types of transactions in the life settlement industry. Viatical and life settlements have different laws and regulations in each state, but the process is generally the same. A life expectancy report will be completed on the policyholder generally two are required. We pay for the life expectancy report from an experienced third party actuarial firm. We package them with all of your medical information and then we send them out to various bidders. We bring you back the largest bids, you choose which one you would like to close with and then we go through the closing process.
To learn more about viatical and life settlements it is necessary to understand the value of your policy. The best way to get an initial feeling for this value is to click on LIVEpdq so you can educate yourself, your family, and your advisers.
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