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Viatical Settlements
The sale of life insurance policies began in the mid-1980's. The first people to benefit from a viatical settlement were people with AIDS. Today, people in many other situations benefit from viatical settlements. You may have seen many advertisements for this service, but the truth is that there are only a handful of major buyers and several smaller buyers for these instruments. All of the buyers solicit bids from investors. All others are agents as defined by legislation.
Here are some facts to help you decide if a viatical settlement is right for you:
 The determination of yield is dependent upon your medical report.
You can sell a life insurance policy with up to 60 months of life expectancy.
You can do anything you wish with the cash payment.
After receiving the payment, you will have a 15 day period in which to rescind the transaction.
There are no upfront costs to you. There is no charge for using our service.
When you accept the transaction, you no longer make premium payments.
The proceeds are not taxed by the Federal government (at the time of this writing).
Please contact us. We will be glad to help.
 
 
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