What Is a Viatical Settlement? A Guide for Policyholders Facing Serious Illness

Life Settlements

What Is a Viatical Settlement? A Guide for Policyholders Facing Serious Illness

For policyholders facing a serious or terminal illness, managing both medical and financial challenges can feel overwhelming. One option that offers relief is a viatical settlement—a financial arrangement that allows you to sell your life insurance policy to a third-party buyer in exchange for a lump-sum payment. In most cases, this payout is significantly higher [...]

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