Sentences with phrase «while viatical settlements»

Life insurance settlements may be entirely tax - deductible, while viatical settlements are much more likely to be closer to the death benefit and therefore much greater value than the premiums paid.

Not exact matches

Viatical settlements are when terminally ill people with less than two years to live accept less than their policy face value to get the money now, where life settlements involve people ages 65 and older who might live quite a while.

However, viatical settlements are arranged for individuals who have a life expectancy of under two years (i.e., those who are terminally ill) while life settlements are for individuals who have a life expectancy greater than two years (i.e., those who are otherwise «reasonably» healthy).

Viatical settlement, arrangement by which a terminally ill patient's life - insurance policy is sold to provide funds while the insured (viator) is living.

Viatical Settlement Provider None of us want to think about our death, but for those with a terminal illness, a viatical settlement will allow you to receive life insurance proceed whileViatical Settlement Provider None of us want to think about our death, but for those with a terminal illness, a viatical settlement will allow you to receive life insurance proceed whiSettlement Provider None of us want to think about our death, but for those with a terminal illness, a viatical settlement will allow you to receive life insurance proceed whileviatical settlement will allow you to receive life insurance proceed whisettlement will allow you to receive life insurance proceed while living.

None of us want to think about our death, but for those with a terminal illness, a viatical settlement will allow you to receive life insurance proceed while living.

Viatical settlements offered a way to extract value from the policy while the policy owner was still alive.

However, viatical settlements are arranged for individuals who have a life expectancy of under two years (i.e., those who are terminally ill) while life settlements are for individuals who have a life expectancy greater than two years (i.e., those who are otherwise «reasonably» healthy).

Upon selling the life insurance policy to the viatical settlement provider, the company or the individual will be the sole beneficiary of the entire policy while delivering payment to the policyholder and paying the mandated premiums of the policy.