Viatical Settlements Or Life Settlements?

life settlements vs viatical settlements

Viatical Settlements Explained A viatical settlements are a financial arrangement in which someone close to death, almost always suffering from a terminal disease, sells their life insurance policy for a smaller sum than its payout would be upon the insured’s death. This makes it potentially attractive to buyers, who, although…

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Can Seniors Sell Their Life Insurance?

Can Seniors Sell Their Life Insurance Policy? Did you know that a life insurance policy is actually an asset? Yes, you can sell your policy any time and there are laws that facilitate this process. Selling your life insurance can help raise the money you need for long-term care needs…

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