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Policy Settlement
"If you go the life-settlement route, start with an estimate of the policy's market value. You can use the free tool (LIVEpdq) at policysettlement.com, which is run by Norman Hood." - Kiplinger's Retirement Report. July 2008.
VIATICAL EXAMPLE
MALE - Age 50
$7,000,000 10 Year Level Term
- $7,071 Annual Premium
Life Insurance Settlement Amount of $5,145,000
After being diagnosed with a terminal illness, a family man sold his policies using a tax free viatical life settlement.
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Blog Posts 
- Viatical Settlement - What Are They?
- Viatical: For The Terminally Ill
- Viatical - Will A Settlement Result In A Lump Sum Payment?
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