What is a Viatical Settlement? a life settlement that enables a person to get a lump sum for their life insurance policy even while they are still living. Any person suffering from a serious medical ...
The ins and outs of life insurance can be complex. That can be especially true if you want to sell your life insurance policy. There are two types of settlements: life settlements and viatical ...
The ins and outs of life insurance can be complex. That can be especially true if you want to sell your life insurance policy. There are two types of settlements: life settlements and viatical ...
The ads in newspapers and financial magazines are not as ubiquitous or as blatant as they once were, when they screamed, "42 percent return, guaranteed!" But you still find some touting "12 to 14 ...
A quick primer on viatical settlements and how they work: Q–What is a viatical settlement? A–A viatical settlement is an insurance policy, usually one owned by a terminally ill individual, that is ...
For AIDS victims and other terminally ill patients, it can be a temporary salve and a blessing. In a deal known as a viatical settlement, the patient sells a life insurance policy for a portion of its ...
For some they're a godsend -- a way to tap life insurance money to ease the debts and worries of impending death. For others, they're an investment -- offering a tidy return from a sure, if morbid, ...
A new state law should help protect California’s most vulnerable investors from losing their money in viatical settlements, often dubbed “death futures” because they pay off when somebody dies.
Can you sell a life insurance policy to a third party? Find out what a viatical settlement involves in the MoneySense Glossary. This article is 1 year old. Some details may be outdated. A viatical ...
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