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 […]
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Viatical Settlement
Viatical Settlement: The Complete Guide to Selling Your Life Insurance Policy in 2025
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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 […]