About Us
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About Us Benefits of Viatical and Life Settlements Both Viaticals and Life Settlements allows policyholders to tap into the potential money in their life insurance policy. The benefits compared to accelerated death benefits are numerous. The first being that ADB's are only available in almost all cases for individuals who have a life expectancy of less than one year. In the event you have two years to live and cannot afford your life insurance, ADB's provide no help. Also if you do qualify and you want ADB's because of a poor current financial situation, you will still need to make premium payments on the life insurance policy. On the other hand a viatical provides up to 85% of the face value of a life insurance policy and also eliminates any future premium payments. Also to take part in a settlement you can have a life expectancy of up to 5 years (life settlements up to 9 years). The most important aspect of a viatical settlement is that you receive the lump sum cash settlement amount tax free. The living benefits of viaticals are endless and they can help people now when they need it the most. |
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