Why We Should Be Your Viatical Life Settlement Broker

Our life insurance experience stretches back to 1965, and we moved to become aviatical life settlement broker in the late '90's. We understand that it is difficult for viatical settlement policy owners to talk about dying. As viatical brokers, our approach involves listening, then advising. Our viatical brokers have a tremendous depth of knowledge about the viatical settlement industry, and will be pleased to share with you.

Life Insurance Policy Appraisal Process and True Market Value

Determining a life insurance policy cash value is similar to a piece of real estate, but the life insurance policy appraisal for a Viatical Settlement is far more complex. Ourlife settlement brokers obtain the application, medical records, policy copy, and detailed policy information. An independent medical evaluation company estimates the Insured's probable life span. In strictest confidence, our life settlement brokers then share the complete client file with qualified Viatical Settlement Funders. A secret Viatical Settlement auction is conducted, and bids presented to the Policy Owner. If a bid is accepted, a Closing Package is shipped for review and approval or rejection. The timeline for a Viatical Settlement varies from two to six weeks. The Policy Owner is under no obligation to accept any Viatical Settlement offer, and there are no application fees or medical exams.

Other Viatical Considerations

One seemingly insoluble Viatical Settlement conflict: wanting cash now, but also wanting to leave some benefits to survivors later. When there are multiple policies, we strongly recommend having all of them appraised at the same time, allowing the Viatical Settlement Policy Owner to decide which to sell and which to keep. If there is only one policy, the insurance company might agree to create two policies. Several large Viatical Settlement Funders will purchase a policy, pay cash for half of the benefit and irrevocably assign the remaining half as desired by the Viatical Settlement Policy Owner. In each of these circumstances, we have the expertise and contacts to get the job done to everyone’s satisfaction.