For the individual who will not live more than three years, a transfer of an existing policy to an irrevocable … Read more
Since a variable life insurance product is treated as a security, the settlement of a variable life insurance policy is … Read more
Single life policies are generally much more attractive to viatical and life settlement providers. A viatical settlement of a survivorship … Read more
Planners and insureds who are contemplating life settlements or viaticals should also take the following into consideration. This will ensure … Read more
The amount of the settlement that is received will be impacted by the following factors. Understanding these factors will help … Read more
It is important for insurance planners to do all they can to protect their clients who may be contemplating entering … Read more
To The Seller As a general rule, anytime a life insurance policy is sold to an unrelated third-party investor, the … Read more
Unless otherwise noted below, viatical and life settlements share many of the same disadvantages. Knowing them will help you make … Read more
Viatical Settlements The principal advantage is that terminally ill or severely chronically ill insureds can receive advanced payments on policy … Read more
The emotional stress of dealing with one’s own impending death due to a terminal or serious chronic illness is further … Read more
