Viatical Settlement
What is a Viatical Life Settlement?
* Remember a Viatical Settlement is not the same as a Life Settlement (Life Insurance Settlement, Senior Settlement)
If the insured currently has a policy that has accumulated cash value and is currently in-force (and not lapsed or in danger of lapsing in the next month or so) then a senior life settlement is possible. A viatical settlement is offered to terminally ill clients. A life settlement would provide a lump sum, cash payment in an amount over and above what the insured would receive if he or she went to the insurance company and asked to cash out the policy. In some instances, the amount received is up to FOUR TIMES the cash "surrender value" that the insurance company would offer. This payout is made possible because the policy owner would assign the buyer of the policy as the new beneficiary. The life settlement amount received is more than the current cash surrender value of the policy.
Call 1-888-973-8377 to speak with a Life Settlement Professional
* Remember a Viatical Settlement is not the same as a Life Settlement (Life Insurance Settlement, Senior Settlement)
If the insured currently has a policy that has accumulated cash value and is currently in-force (and not lapsed or in danger of lapsing in the next month or so) then a senior life settlement is possible. A viatical settlement is offered to terminally ill clients. A life settlement would provide a lump sum, cash payment in an amount over and above what the insured would receive if he or she went to the insurance company and asked to cash out the policy. In some instances, the amount received is up to FOUR TIMES the cash "surrender value" that the insurance company would offer. This payout is made possible because the policy owner would assign the buyer of the policy as the new beneficiary. The life settlement amount received is more than the current cash surrender value of the policy.
Call 1-888-973-8377 to speak with a Life Settlement Professional
posted by Life Settlement Pro at 11:51 AM
