Relieve Financial Stress
An unexpected side effect of a cancer diagnosis, or another life-threatening illness, is the financial burden that comes with fighting the disease. When you combine ever increasing medical bills with lost wages, even managing day-to-day expenses becomes a major struggle. Did you know that you can sell your existing life insurance policy and use the funds to help you through this difficult time?
A viatical settlement is the process whereby a person with a life-threatening illness can turn their life insurance policy into cash through the transfer of ownership and beneficial rights of the policy. The seller receives a lump sum payment, which is a percentage of the policy's face value. Viatical settlements create immediate cash for medical expenses, alternative treatments, daily living expenses, fulfillment of life-long wishes or dreams, and so on. You can sell your life insurance policy to fund all of these things and more.