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Viatical Settlement Information Center

Your home for all sorts of resources related to viatical settlements

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Viatical Settlement Information Center | viaticalhelp.tripod.com Reviews

https://viaticalhelp.tripod.com

Your home for all sorts of resources related to viatical settlements

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1

Companies

http://viaticalhelp.tripod.com/companies.html

Companies involved in viatical settlements. I-Viatical: Consumer Guide to Viatical Settlements. Insure Health - Life. Life Partners, Inc. Life Settlement Alliance, Inc. Viatical Settlement Providers, Inc.

2

Frequently Asked Questions

http://viaticalhelp.tripod.com/faq.html

Frequently asked questions regarding. How do I know if I qualify? Face value amount of insurance policy is $10,000 or more. Policy has been in effect for at least two and is beyond. Your life expectancy is four years or less. After I sell my policy, am I responsible for future premium payments? No, the person/company buying the policy becomes responsible. If I accept a viatical settlement and then change my mind, what can I do? Most companies offer a 15 day period in which you can. Higher quality of life.

3

Government regulation

http://viaticalhelp.tripod.com/government.html

As the viatical settlement industry continues to expand, so does government regulation of the industry. Following are some links to various resources regarding regulation of viatical settlements:. Illinois - Viatical Settlements. Montana - Viatical Settlement Act. Nebraska Dept. of Insurance - Viatical Settlements. Ohio Securities Division - Viatical Settlement Bulletin. Oklahoma State Courts Network - Viatical Settlement Act. Pennsylvania - Viatical Settlement Act of 2002 (click on text link beside 2156).

4

Financial Issues

http://viaticalhelp.tripod.com/financial.html

Important things to keep in mind. How much money will you receive - the shorter your life expectancy,. The higher the percentage of your policy you may receive - payments. Can range from 40-80% of the policy's face value. Money from a viatical settlement may be exempt from federal/state. Income tax - check with an accountant or tax advisor for specific. Money from viatical settlement may not be exempt from creditors,. Personal representatives, trustees in bankruptcy, or receivers in.

5

Alternatives

http://viaticalhelp.tripod.com/alternatives.html

Alternatives - if you decide a viatical settlement is not for you. Apply for accelerated death benefits if your insurance allows it. Borrow against cash value of your policy, if it has any. Borrow from friend/family member.

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Viatical Settlement Information Center

Viatical Settlement Information Center. Your home for information on easing the financial burdens of terminal illness. What is a viatical settlement? It is an arrangement where someone with a terminal illness sells or transfers ownership of a life insurance policy to a person or company and in return, received a percentage of the face value of the policy - allows terminally ill person to receive cash for various needs now. In this site, you will find all kinds of information related to. Who can help you.

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