Tag Archives: wisconsin viatical settlement
Wisconsin Viatical Settlement does, like most States, separates Viaticals from Settlements. A viatical is the selling of a life insurance policy that insures a Terminally Ill insured who needs money now for continuing health care and living expenses. It all … Continue reading: Wisconsin Viatical Settlement Beware Of Fraud!
In May of 2010 Governor Jim Doyle signed Senate bill 513 a hybrid of the NAIC Viatical Settlement Model Act and Life settlements Model Act of the Natioanl Conference of Insurance Legislators thus regulating the Wisconsin viatical settlement and life … Continue reading: Wisconsin Viatical Settlement Changes In 2010
A Wisconsin viatical settlement transaction is now regulated due to the Life Settlement law that Governor Jim Doyle signed into law on May 13, 2010. The Wisconsin viatical settlement transaction rules differ in some respects from the life settlement transactions, … Continue reading: Wisconsin Viatical Settlement – Do I Qualify?
A Wisconsin viatical settlement involves the sale of an existing life insurance policy, on a terminally ill state resident, to a third party buyer. There are numerous reasons terminally ill people want to sell their policy in a viatical settlement, … Continue reading: Wisconsin Viatical Settlement – Things The Buyers Don’t Want You To Know