A viatical settlement usually involves an insured person with a very short life expectancy. Unlike a senior settlement, a viatical doesn’t have the same age requirements. A viatical settlement is generally pursued by clients who have extremely large health insurance premiums due to serious and terminal illness.
Viatical Settlements grew in popularity during the AIDS epidemic when the costs of treatment and medication were not covered by health insurance companies. In addition these settlements were attractive to investors because the insured had a high mortality rate.
If you are unable to keep up with life insurance premiums due to a terminal illness and are at risk of policy lapse a settlement might be your best option. In addition if your medical bills and health insurance premiums are at such a rate that it is affecting your quality of life and that of your family, you may want to consider a settlement.
Click the LIVEpdq link today for a free settlement evaluation.