Life Settlement News

All things change with time, including insurance coverage needs. While a life insurance policy can be an important asset, it has limited use during your lifetime. A Senior Life Settlement lets you convert a non-performing, illiquid asset into cash or another financial product that is more suited for your present stage of life.
This can be [...]

One large life settlement broker recently closed a transaction in which the policyholder received over $800,000 more than the policy’s cash surrender value.
A business realized it was making expensive premium payments on a $5 million policy insuring the life of an executive that had retired several years ago. With the executive’s [...]

Here is a great article about viatical investment fraud, please remember that we do not deal with viatical investments, just viatical settlements. If you are confused or have questions, please call 1-888-973-8377.
Senior crusades against viatical sales
When Gov. Jeb Bush signed a bill Thursday to stiffen penalties for con artists who sell fraudulent “viatical” [...]

“What’s a viatical? Most cancer patients have never heard about this but they should,” explained Michael Horwin, Manager of Cancer Monthly. “It’s a financial tool that allows people with life threatening diseases like cancer to cash in their life insurance and get up to 80% of its face value.”
The word viatical comes from the Latin [...]

ORLANDO, Fla., June 16 /PRNewswire/ — The Viatical and Life Settlement Association (VLSAA) today reacted to a recent study of the life settlement marketplace, claiming the study is flawed and lacks application to the industry as a whole. The organization’s position is based on a technical rebuttal written by Darwin M. Bayston, CFA, a consultant [...]