American Life Fund > Frequently Asked Questions

Frequently Asked Questions

Q: Is it legal to sell a life insurance policy?
Q: Why sell my life insurance policy?
Q: How does a Viatical Settlement work?
Q: Why choose American Life Fund?
Q: How can I apply with ALF?
Q: Is the process confidential?
Q: Can I change my mind?
Q: Do I need to take a medical exam?
Q: Am I responsible for future premium payments?
Q: Are there any restrictions on the proceeds?
Q: What type of policy can be purchased in a Life Settlement transaction?
Q: How long does it take to complete the transaction from start to finish?
Q: How is my offer determined?
Q: Are viatical proceeds taxable?
Q: Is there any cost or obligation?
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