Author Archives: Stephen R. Bathon
An investment advisor life settlement is a settlement that comes from the recommendation of an investment advisor. Investment advisors who work for the large wire houses are generally prohibited from making insurance policy recommendations that result in the sale of … Continue reading: Investment Advisor Life Settlement. Taking The Advice of the Experts.
The last thing one would think a terminally ill person would consider is to get involved with viatical settlement contracts. Life insurance, after all, pays when someone dies. If one is dying, why would he pass up the death benefit … Continue reading: Viatical Settlement Contracts As Additional Income For The Terminally Ill.
The main purpose of the Viatical Settlements Model Act is to define terms and regulations in the business of selling and buying viatical life insurance. Viatical life insurance is defined as a life policy on an insured with less than … Continue reading: Viatical Settlements Model Act Helping People Buying and Selling Their Policies.
A separate viatical settlement license is required in some states, while other states require only that the settlement provider obtain an agent’s license and notifies the department of insurance in regards to any and all settlement activities. Most individual agents … Continue reading: Viatical Settlement License – Are They Required?
A separate viatical settlement provider license is required in the state of California. Other states do not require a separate license other than an agent’s license. In the state of California anyone who purchases life contracts must have a viatical … Continue reading: Viatical Settlement Provider License – Is One Required?
For the most part the Viatical Settlements Act attempts to define the hundreds of terms that are common to the viatical settlement industry. It is understandable that most people involved with selling their policy have not done so before and … Continue reading: Viatical Settlements Act, A Definition of Terms.
A Virginia viatical settlement is for all intents and purposes the same as any viatical settlement done in the United States. Virginia does not have a separate viatical settlement act that dictates sales procedures in their state. A Virginia viatical … Continue reading: Virginia Viatical Settlement. Finding Money In A Tight Economy
Viaticals Wiki (Wikipedia) is defined by the online encyclopedia as the sale of a life insurance policy where the insured is either chronically or terminally ill. Researching a Viaticals Wiki could be beneficial before entering into a viatical transaction. Chronically … Continue reading: Viaticals Wiki – What Is It?
The viaticals of America life settlement is the transfer of ownership on a life insurance policy for a sum less than the death benefit of the policy but more than the cash surrender value where the insured, at any age, … Continue reading: Viaticals of America – Helping the Terminally Ill In Their Time Of Need
What’s the difference in a viatical vs life settlement? A viatical settlement takes place when someone sells a contract where the insured is either chronically or terminally ill. Terminally ill is defined as having less than twenty-four months to live. … Continue reading: Viatical vs Life Settlement – What’s The Difference?