You should explore all of your options and always get a viatical settlement appraisal before selling your life insurance policy. Especially, if you are chronically ill. A viatical settlement is only one of your options, if you have determined you need to access the value of your life insurance policy…
This client was facing financial challenges and was unable to pay his upcoming life insurance premium. His agent opted to explore the market value of his life insurance policy. Because of his age and relatively good health, he could not qualify for a traditional cash life settlement. His only other options appeared…