Tag Archives: Madison WI
Viatical Market History
The viatical market emerged in the late 1980′s when patients who were diagnosed with the HIV AIDS virus and they were in desperate need of financial assitance. Terminally ill patients could sell their inforce life insurance policies to interested third … Continue reading: Viatical Market History
Viatical License Requirements
To get a viatical license is a process. After checking into several different state requirements I have boiled it down to these common denominators. Each state requires that an individual or provider must be licensed in the state before any … Continue reading: Viatical License Requirements
Viatical Risk – Plenty To Look Out For
When investing in viaticals there is a lot of viatical risk. Since life settlements are now considered securities, the Federal regulators are making it mandatory for agents who practice in the settlement to have their securities license. They also must … Continue reading: Viatical Risk – Plenty To Look Out For
Viatical Policies Settlement
A viatical policies settlement is the transaction of a lump sum payout given to a terminally ill insured in exchange for their insurance policy. The term used for this type of sellor is called a viator. It’s a Latin word … Continue reading: Viatical Policies Settlement
Viatical Insurance Policies – Do You Have One?
Viatical insurance policies are the lump sum payout of cash which is given to an insured who is terminally ill in exchange for their life insurance policy. A terminally ill insured in this transaction is considered a viator. Viator is … Continue reading: Viatical Insurance Policies – Do You Have One?
Viatical Settlement Fraud – The Dirty Underbelly
Yes, there is such a thing as viatical settlement fraud. Just like any other legitimate industry, when the settlement market first began, the scheemers took notice. Back when a savvy investor happened upon an insured that had been diagnosed with … Continue reading: Viatical Settlement Fraud – The Dirty Underbelly
Viatical Settlement Law In Wisconsin
Currently, under viatical settlement law in Wisconsin, the industry is unregulated. This opens the door for fraud and abuse.The AARP is supporting a bill that will require full disclosure from life settlement providers and agents and require continuing education for … Continue reading: Viatical Settlement Law In Wisconsin
Viatical Settlement Definition – 3 Basic Definitions
Viatical settlement definition may be stated as cash derived from the sale of a life insurance policy on a terminally ill insured to a third party investor. Another viatical settlement definition is when a person with a life treatening illness … Continue reading: Viatical Settlement Definition – 3 Basic Definitions
Viatical Settlement Investment In Wisconsin
A viatical settlement investment is when a death benefit of a life insurance policy is appraised, marketed and then sold as a security to a buyer. A viatical settlement investment which involves the sale of a life policy insuring a … Continue reading: Viatical Settlement Investment In Wisconsin
Settlement On A Life Insurance Policy – What, When And Where
A settlement on a life insurance policy is a transaction between the holder of a life insurance policy and a third party funding company. The transaction involves the sale and purchase of an existing life insurance policy that is no … Continue reading: Settlement On A Life Insurance Policy – What, When And Where