Many seniors are investigating A Viatical Settlement. These are usually seniors or their families with life-threatening illnesses, who may decide to sell their life insurance policies to provide cash for extra expenses. This process is called A Viatical Settlement and is handled by Companies whose job is to find investors who want to buy life insurance policies at greater than the Surrender Value, but less than the face value. The amounts generated by selling on the Secondary Market are greater than one could get from the life insurance company that issued the policy. These investors, who are financial institutions, become the new beneficiary of the policy. This allows them to diversify their investments.
With the help of A Viatical Settlement, the seller receives a lump sum cash payment for the life insurance policies. Once transferred, the seller no longer has monthly premiums to pay on the policy which allows them to spend the money on other needed expenses, often related to their illness. The money can be used in any way the seller of the life insurance policies wishes and there are no limitations.
If you had a loved one who was diagnosed with a terminal illness wouldn’t you want them to have the best care possible? A Viatical Settlement can ensure this. Click on the LIVEpdq link at the top of this page if you would like more advice on a viatical settlement. After all, isn’t your loved one worth it?