Viaticals are the sale of a life insurance policy where the insured, at any age, has a life expectancy of less than two years due to a catastrophic or terminal illness. Obviously any decision made during this time is a hard decision to make, but there are many times that a viatical helps the policy owner during this time do things that they would not have otherwise been able to do.
Viaticals have helped many people pay the exorbitant medical costs that they incur trying to treat medical condition. As we have all experienced our insurance does not cover the costs of all treatments that our doctors prescribe so you end up having to pay the bill.
The bucket list also comes to mind when thinking about a viatical settlement. Many times people get caught up in living their daily lives and never get to take that one trip they always wanted to take or have that big party they always wanted to have. Viaticals can help you get the money to do what you have always wanted to do but never had the time to do it.
If you are interested in a life settlement please click our free policy evaluation tool LIVEpdq now!