Viatical Settlements

"People with limited life expectancies often face significant financial difficulties brought on by the rising medical costs and loss of income.  Viatical Settlements enable them to sell their life insurance policy and use the proceeds to preserve their financial security."

Trusts & Estates

Individuals have been selling or trading their ownership of life insurance policies since the very beginning of the insurance industry.  This, however, was a relatively unknown practice until the AIDS epidemic heightened in the late 1980's.  As insured's stricken with the disease learned that there was a living value to life insurance, the Viatical Settlement Industry was born.

After a decade of industry growth, legislation and regulation, viaticals have become an important financial option to many terminally-ill individuals.  By selling a policy, many of these policy owners can ease the financial burdens brought on by increased medical costs and compensate for a loss of income due to illness.

• Relief of Monthly Premium Expenses
• Settlement Income May Be TAX-FREE
• Immediate Cash to Ease Financial Burdens
• Additional Money to Compensate for Loss of Income
• Funds to Seek Treatments Not Covered by Health Insurance
• Funds to Pay off Debts Now, Instead of Burdening Family Members in the Future

Back