Tag Archives: viatical settlements
Viatical settlements generally have high return because the insured has been calculated to live less than two years by two third party actuarial firms that will do an analysis and produce a life expectancy report. The analys is completed from all … Continue reading: Viatical Settlements – Large Profits
Many people are either unaware or misinformed about how the viatical settlements process works, so it is quite often overlooked. Viatical settlements allow a licensed company to invest in an individual’s life insurance policy where they have no beneficial interest. … Continue reading: Viatical Settlements A Helping Hand When You Need It Most
Viatical settlements involve the sale of an existing life insurance policy, by a person who has been diagnosed with a terminal illness, to a third party for a substantial lump sum of cash. The buyers in viatical settlements assume the … Continue reading: Viatical Settlements – An Unusual Quality Of Life Resource
Viatical settlements differ from the everyday senior life settlement due to the difference in life expectancies. Viatical settlements will have a life expectancy of two years or less due to a life threatening illness. Senior life settlements on the other … Continue reading: Viatical Settlements: They Are And Are Not Normal Life Settlements.
Viatical settlements have recently been given a thumb up by hospice financial counselors. A previous study conducted in 2002 showed that hospice financial counselors who have had experiences with patients seeking viatical settlements report those experiences as positive. A more … Continue reading: Viatical Settlements And Hospice
Most States insurance commissioners license the companies that purchase viatical settlements. Although the US Securities and Exchange Commission describe viatical settlements as risky, they also acknowledge the value of the settlement market for investors and the insured individual wanting to … Continue reading: Viatical Settlements – Comments From The US Securities and Exchange Commission
Viatical settlements are settlements that involve a terminally ill or chronically ill individual that have two years or less life expectancy. A broker helps the policy owner find a funder that is legally allowed to purchase the life insurance policy … Continue reading: Viatical Settlements, What Are They?
Life settlements and viatical settlements are very similar to one another. However, one of these transactions is initiated because of the insured’s declining health since the original life insurance policy was issued and placed inforce. This is a viatical settlement. … Continue reading: Viatical Settlements And Life Settlements – What’s The Difference?
Viatical settlements were started in order to free up funds for terminally ill patients to use towards medical bills, experimental or holistic treatments or just to continue to live comfortably. By creating liquidity in the client’s estate, they can at … Continue reading: Viatical Settlements – Why And What You Should Consider
A client that has been diagnosed with a terminal illness and owns an inforce life insurance policy should be aware of the options, provisions and riders available to them, to include viatical settlements if they are in need of lump … Continue reading: Viatical Settlements Versus Terminal Illness Riders