Viatical Settlement

Viatical Settlement

In a “viatical settlement,” you sell your life insurance policy for more than its cash surrender value, but for less than its face value. You can be any age, but must have a chronic or life-limiting illness.

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Life Settlement

Life Settlement

In a “life settlement,” you sell your life insurance policy for more than its cash surrender value, but for less than its face value. You must be at least 65 years old and meet

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