Viatical Settlement: Besides providing cash, viatical insurance settlements and life settlements relieve the policy owner of having to continue to pay life insurance premiums.Viatical insurance settlement offer immediate cash payment to policy holder. A viatical settlement is primarily used for the sale of a life insurance policy of a terminally ill individual to a third party. For more info on Viatical Settlements, follow links.
Insurance article 200 - "Insurers push All-in-one Policy" from The Wall Street Journal |