Category Archives: Viatical Settlement

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 […]

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, […]

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 […]

Viatical Settlements vs Life Settlements When it comes to life insurance policies, prevailing wisdom dictates that they should be held onto until maturity. However, modern circumstances have given rise to alternatives to this traditional approach. One such alternative is selling your life policy for cash, a route that can be particularly valuable for policyholders whose […]

Viatical Settlements: Understanding Its Primary Feature and Benefits For individuals diagnosed with terminal or chronic illnesses, the journey is often filled with emotional, physical, and financial challenges. Managing a serious health condition can quickly become overwhelming—not only due to the strain it places on one’s body and mind but also because of the mounting medical […]