As the Life Settlement Industry continues to gain populairty, more and more financial professionals are adding Life Insurance Settlements to their book of financial product offerings. These advisors and agents are instructing their clients about the benefits of Life Settlements and in turn numerous more policy owners are able to realize the immediate financial […]
But surveys like these always have one big question hanging over them: do they mean anything? People surely do not think as seriously about a poll question as they would if they had something tangible at stake. So economists looking for insights into human behavior have never liked surveys. They prefer money.
And money is exactly […]
Viators who are ill and often desperate may be at the mercy of viatical companies. Under a regulation developed by the National Association of Insurance Commissioners (NAIC), viators would be guaranteed to receive a minimum payment that is based on a sliding scale according to life expectancy.
For instance, a viator with an estimated life […]
You may actually be entitled to purchase more disability or life insurance, because some companies allow you to increase coverage without showing evidence of insurability, Burns said.
A dying person might be able to tap the cash value in his or her life insurance. Consider a viatical settlement. That is the sale of a life insurance […]
PENSACOLA, Fla. - Two men have been sentenced to federal prison for taking millions of dollars from investors promised big profits on life insurance policies supposedly bought from terminally ill people.
The people, however, remained alive and about 4,000 investors across the country lost their investments in LifeTime Capital Inc. and related companies run by David […]
The positives of a viaitical settlement or a life settlement out weight the negatives, however just like anything, there can be a few disadvantages.
Receiving a lump sum cash settlement can make you more vulnerable to creditors who already have outstanding judgments against you.
Cashing in your life insurance policy can also affect your eligibility for […]
I was a little curious how people were searching for life settlements so I did a little investigating. I was able to see the top keywords used in searches. This might be helpful to some of you guys, but I was just curious so that is why I am posting.
Top Keywords:
life settlement
life settlements
life insurance settlement
senior […]
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 […]
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