A viatical fund buys viaticals, which are life insurance policies that are sold by individuals with a terminal illness to a third party for a lump sum cash settlement. The viatical fund is financed by investors who will receive a portion of a viaticals death benefit when the life insurance policy matures. These investors have to be very cautious upon investing in a viatical fund, since fraud in the viatical settlement industry has been a problem.
Like with any other popular investment, there is an opportunity for dishonest individuals to take advantage of their investors. If you or someone you know is considering a viatical settlement, you will need a trusted and respected broker to ensure that the entities you’re working with during your sale have your best interests in mind. LIVEpdq can connect you to a group of trusted industry leaders across the nation to help you with your viatical or senior settlement questions and needs today!