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Articles > Money > Viatical Settlements [+Add New Category]

Viatical Settlements

Sell your unwanted Life Insurance…

 

 

 

Here are some of the reasons you might sell your Life Insurance.

 

  • Financial distress/unable to meet future premium payments

     

  • Need cash for major expenses (e.

    g.: medical treatments)

     

  • Owner/insured has outlived the need for coverage (i.e.: major expenses are paid)

     

  • Needs different coverage/different features (Most settlement proceeds purchase more appropriate coverage)

     

  • Owner/insured has outlived their beneficiaries

     

  • Change in beneficiaries (e.g.: divorce, death of dependents)

     

  • Second to die policyholder (i.e. spouse has passed)

     

  • Fund long-term care programs                                  

     

 

 

Qualified?    

 

  • Age 60 or older

     

  • Policy face amount $50,000 or greater

     

  • Policy is past the 2 year contestability period

     

  • Minimum loans on the policy                                                                                                                                 (less than 30% of face Amount)

     

  • Low Premiums (6%/yr or less of the face amount)                                

     

  • Surrender values less than 40%                                                                     

 

 

Don’t want to sell your policy, ask about In Force Financing and never make another premium payment!

($3,000,000 min face value * age 60-90)

 

 

 

Call Settlement Funding LLC (877) At Age 60{282-4360}.

 

1714 Tyvale Court Vienna, VA 22182

 

Visit us on the Web @ www.AtAge60.com to get a quote today.

 

 

 

 

Sentences: 7 Words: 482

Author:Ray Towles
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