Top Benefits of a Viatical Settlement Today A viatical settlement can be a powerful financial tool for those facing serious health challenges or needing immediate funds. By selling an existing life insurance policy while still alive, policyholders (viators) can receive a lump sum payout. This post will explore the many benefits of a viatical insurance […]
Category Archives: Viatical Settlement
Viatical Settlement, Life Settlement
Viatical Settlement vs Life Settlement: Understanding Your Options in 2025 Ultimate Guide
07
Nov
Nov
Viatical Settlement vs Life Settlement: Understanding Your Options in 2025 Ultimate Guide Life insurance is meant to protect your loved ones, but as life changes, your financial needs may change too. If you’re facing a serious illness or no longer need your policy, you may be able to unlock its value through a life or […]
07
Nov
Nov
Dealing with a serious illness brings emotional and financial stress. Medical bills, ongoing treatments, and daily costs can quickly become overwhelming. Many people don’t realize that their life insurance policy can help provide relief right now, not just after they’re gone. That’s where understanding the viatical settlement tax becomes important. At Summit Life Settlements, we […]
28
Oct
Oct
A viatical settlement represents a specialized type of life insurance transaction designed specifically for terminally ill policyholders who need immediate access to their policy’s death benefit. Understanding what is a viatical settlement becomes crucial for individuals facing life-threatening illnesses who want to utilize their life insurance for medical care, debt relief, or family support during […]
Life Insurance, Life Settlement, life settlement brokers, Viatical Settlement
Viatical Settlement: Complete Guide to Turning Life Insurance Into Financial Support
23
Sep
Sep
Viatical Settlement:Complete Guide to Turning Life Insurance Into Financial Support For individuals diagnosed with a terminal or chronic illness, life can feel like an uphill climb. Beyond the physical and emotional weight of managing health, the financial strain can quickly become overwhelming. Mounting medical bills, lost income, and everyday expenses can drain resources, leaving many […]
Viatical Settlement
Viatical Settlement: The Complete Guide to Selling Your Life Insurance Policy in 2025
12
Sep
Sep
Viatical Settlement: The Complete Guide to Selling Your Life Insurance Policy in 2025 Introduction A viatical settlement can serve as a vital source of financial relief for individuals facing serious or terminal health conditions. Instead of letting a life insurance policy lapse or surrendering it for minimal value, a viatical settlement allows you to sell […]
07
Jun
Jun
What Is a Viatical Settlement? Understanding Its Meaning, Benefits, and Process When facing a serious or terminal illness, financial pressures can add unnecessary stress to an already difficult time. Many policyholders are unaware that their life insurance policy may hold immediate cash value through a viatical settlement. A viatical settlement allows someone with a qualifying […]
27
May
May
How Life & Viatical Settlement Work: Best Guide When life circumstances change, financial needs often change as well. For seniors or those facing serious or terminal illnesses, a life insurance policy may no longer serve the purpose it once did. Instead of letting the policy lapse or surrendering it for a small cash value, many […]
Viatical Settlement
Facing a Health Crisis? 10 Ways Viatical Settlements Can Provide Fast Financial Relief
12
May
May
Facing a Health Crisis? 10 Ways Viatical Settlements Can Provide Fast Financial Relief Viatical settlements offer a powerful financial lifeline for individuals facing the immense challenges of a terminal or chronic illness. By allowing policyholders to sell their existing life insurance policy for a lump-sum cash payment—often tax-free—this option turns a long-term asset into immediate, […]
29
Apr
Apr
0% Viatical Settlement Taxes: Learn Why From This Guide Now Introduction to Viatical Settlement Taxes A Viatical settlement, as such, is a transaction wherein an individual diagnosed with a terminal ailment elects to sell their life insurance policy. This concept, however, is often associated with a pervasive misunderstanding that viatical settlements are invariably exempted from […]
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