Guide To Viatical Settlements

Viatical settlements are done to free up money for the life insurance policyholder. The funds are usually used to pay for medical care, fund retirement and pay off debts. A viatical settlement occurs when the holder of the insurance policy sell it to investors. If all the requirements are met, the funds are transferred to the seller. The viatical settlement amount tends to be higher than the cash value of the insurance policy. The investors are life settlement or viatical settlement companies that specialize in the purchase of life insurance policies.

To qualify for viatical settlements, the seller must be at least 65 years old, the face value of the insurance policy is at least $100,000 and the medical condition has significantly changed. To get a free quote on the cash potential of your life insurance policy, click on the banner below. A vatical settlement could mean enhancing the quality of your life.

GET A FREE QUOTE BY FILLING OUT THE FORM BELOW