; Cash surrender value – The amount of money you can withdraw if you surrender your policy to your insurance company and allow it to lapse. A viatical settlement company may pay 80 percent of the face value of a policy to a person whose life expectancy is six months or less. The policyholder assigns their life insurance policy to the viatical settlement company in exchange for a percentage of the policy's face value up front. While undergoing the viatical process, the company you’re working with will order a life expectancy report from a …

A viatical settlement can offer terminally ill insureds financial solutions for severe financial problems.As viatical settlement brokers, our approach involves listening, then advising.

A viatical settlement is defined as the sale of a life insurance policy from an insured individual who has a life expectancy of 24 months or less to a viatical settlement company. If so, check the status of the company with whom you are considering doing business.
A viatical settlement is some grim business. Life settlement brokers represent life insurance policyholder’s in the settlement process.
Viatical Settlements. Check with your loved one’s state insurance department to see if viatical settlement companies or brokers must be licensed. Viatical settlement – The transfer of ownership of a permanent life insurance policy by someone who is terminally or chronically ill to a third party.

Brokers will guide you through the process, and you can be confident knowing that they have a fiduciary responsibility to act in your best interest. Viatical settlements help make your tough choices easier, creating peace of mind.

However, if you find yourself in that situation, there are … Here are our top 5 life and viatical settlement brokers, in …

A viatical is when a life insurance policy is sold to a third party for a lump sum, and the buyer assumes the premiums and receives the death benefit when the seller dies. Viatical settlements are when a life insurance policy is sold to a company for a lump cash payment. Viatical Settlement: An arrangement in which someone with a terminal disease sells his or her life insurance policy at a discount from its face value for ready cash. A viatical settlement is a type of life settlement reserved for those diagnosed with a chronic or terminal illness. It allows the holder of a life insurance policy to sell it for more than its purchase price, but less than its face value.If you are in the market to sell one, you have our sympathies.