Viatical Settlements
WHO MAY QUALIFY FOR A
VIATICAL
SETTLEMENTS?
First American Finance assists individuals with selling their life
insurance policies who are 65 years or older, or any age living with a
serious illness, having a life insurance policy of $100,000 or more, that
is no longer needed or desired. Purchase amounts are usually substantially more than the policy's cash surrender value.
REASONS FOR SELLING YOUR LIFE INSURANCE POLICY
- Are your premiums too expensive?
- Would you like to receive more than the policy surrender value?
- Could you use a cash settlement right now?
- Do you have more life insurance coverage than you need?
- Has there been a sudden change in your health condition?
- Is your life insurance policy about to lapse?
If so, we can help you get a cash settlement for your life insurance
and, at the same time, eliminate your expensive monthly premiums.
TYPES OF LIFE INSURANCE THAT QUALIFY FOR A
VIATICAL
SETTLEMENTS
- Whole Life
- Universal Life
- Variable Life
- Term Life
- Joint Survivorship
- Group Life
Here are some examples of actual individuals that chose to sell a life
insurance policy and benefited from life
settlement funding services.
Viatical
Settlements Case History 1
Client:
87-year-old
male & 82 year old female.
Result: $2,300,000 second to die policy, minimal cash value. The
policy was no longer required. Insured utilized a life settlement and
received $300,000.00.
Viatical
Settlements Case History 2
Client:
70-year-old male with health complications.
Result:
$1,000,000.00 policy with small cash value. Insured utilized a life
settlement and received $300,000.00.
Viatical
Settlements Case
History 3
Client:
73-year-old male with health issues.
Result: $500,000.00 policy. Insured utilized a life
settlement and received
$105,000.00.
Viatical
Settlements Case
History 4
Client:
81-year-old male in relatively good health.
Result: $1,600,000.00 policy with an annual premium of
$76,000.00. Insured utilized a life settlement and received $202,800.00.
Viatical
Settlements Case
History 5
Client:
78-year-old female in relatively good health.
Result: $1,000,000.00 policy with an annual premium of
$64,000.00. Insured utilized a life settlement and received $160,000.00.
Viatical
Settlements Case History 6
Client:
89-year-old female
Result:
$2,000,000.00 policy with an annual premium of $110,000.00. Policy expires
at age 95. Insured utilized a life settlement and received $325,000.00.
Not every
applicant will qualify for life settlements, senior settlements, or viatical
settlements however, we have had tremendous success in securing offers for
individuals who originally thought they would not receive a viatical
settlements cash offer. If you have questions or if you would like a
free, no obligation, analysis of your life insurance policy please submit
our easy online quote request form and one of our qualified
representatives will contact you for a free viatical settlements consultation.
