Turn your life insurance policy into fast, tax-free cash to pay for medical expenses — no delays, no credit checks, no loans.

Cashing in life insurance to pay for medical bills is a fast, strategic option when health insurance isn’t enough and time is running out. With a viatical settlement, you can access the cash value in your life insurance policy — turning it into a large lump sum payout to cover medical expenses without having to borrow money or take on debt.

Unlike a home equity loan, personal loan, or policy loan that comes with interest rates, credit checks, and paperwork, this process gives you access to the accumulated cash value of your policy quickly and privately. Whether you hold a whole life insurance policy, universal life insurance, or another permanent life insurance policy, you may qualify for a fast cash payout — tax free, without the stress.

Find out how much tax-free cash your life insurance policy could provide with a free, no-obligation estimate from American Life Fund today.

How to Turn Your Life Insurance Policy Into Fast Cash for Medical Bills

Medical bills don’t wait. If you’re dealing with a chronic illness, a heart attack, or another serious illness, out-of-pocket medical expenses can spiral fast — even with health insurance. A hospital stay can easily reach $30,000. Cancer treatments? Over $100,000 a year. When insurance denies coverage or delays payment, you’re the one stuck with the balance.

That’s where a viatical settlement comes in.

American Life Fund helps qualifying individuals sell their life insurance policy for a large, tax-free lump sum, often in as little as a couple of weeks. You don’t need to borrow money, pay interest, or wait for something to happen.

Here’s what you need to qualify:

• A life insurance policy (whole life insurance, universal life insurance, term life insurance, FEGLI, or life insurance through your employer
• A face value of $200,000 or more
• A diagnosis of a serious illness
• A policy that’s been active for at least two years

If you qualify, American Life Fund assesses your life policy’s value, coverage details, and life expectancy. In return, you receive a large lump sum cash payment, and the insurance company redirects the death benefit to the buyer.

That cash can go straight to:

• Chemotherapy, surgeries, or medications not covered by health insurance
• In-home caregivers or long term care facilities
• Housing, living costs, or any expenses you have while you focus on recovery

If those medical bills continue to pile up, they don’t just eat your savings — they can cost you your home, your independence, and your family’s security. A viatical settlement puts that money in your hands — fast — without tax consequences, loan terms, or surrender fees.

Why Loans, Withdrawals, and Surrender Leave You With Less When You Need More

In a financial emergency, tapping your life insurance for cash seems like the smart move — but not all options give you the cash you need, when you need it.

Let’s break them down:

Policy Loans

You can borrow money from the accumulated cash value of cash value life insurance. But:

• You’ll be charged interest rates, even though it’s your own money.
• If you don’t repay, the loan amount plus interest reduces your death benefit.
• If the policy terminates with an outstanding loan balance, you may have to pay taxes on the amount you never received in cash.

Withdrawals

You can withdraw cash from many permanent policies — but:

• You can only withdraw from the accumulated cash, not the full face value.
• Any amount above the premiums you paid is considered taxable income.
• Withdrawing may trigger surrender charges and reduce what your beneficiaries receive later.

Cash Surrender

You can give up the policy altogether for its cash value — but:

• Surrender fees and penalties can significantly reduce your payout.
• The amount you get is often far less than the policy’s face value.
• You lose all future life insurance coverage and potential retirement income the policy may have provided.

In each of these cases, you take on risk, get less value, and face hidden costs — right when your medical expenses are highest.

With a viatical settlement through American Life Fund, you avoid these traps. You don’t borrow, withdraw, or surrender. You sell the policy and walk away with a larger lump sum — no repayments, no fees, no interest.

Real Numbers – What a Viatical Settlement Can Actually Pay You

Let’s say you own a life insurance policy with a face value of $250,000. Over the years, you’ve paid $60,000 in life insurance premiums, and the policy has accumulated $45,000 in cash value.

Here’s how your options stack up when trying to pay for rising medical bills due to a chronic illness:

Option 1: Take a Policy Loan

• Loan amount available: $45,000 (cash value)
• Interest rates: 6–8% (varies by insurance company)
• Tax consequences: None, unless the policy lapses
• Outcome: You receive $45,000 upfront, but the loan accrues interest. If you can’t repay, the outstanding loan balance is deducted from your death benefit — and you may pay taxes if the policy lapses.

Option 2: Withdraw Money

• Withdraw cash: Up to basis ($60,000)
• Over basis: Taxable income
• Impact: Reduces the death benefit, possibly ends life insurance coverage
• Outcome: You might access $45,000–$60,000, but with possible tax consequences and permanent reduction of benefits.

Option 3: Cash Surrender

• Cash value received: $45,000
• Surrender charges: $5,000–$10,000 (typical for many permanent policies)
• Taxable gain: If value exceeds premiums paid
• Outcome: You receive $35,000–$40,000 after surrender fees, and your insurance policy ends completely.

Option 4: Viatical Settlement (via American Life Fund)

• Eligibility: You have a qualifying permanent life insurance policy and a serious illness
• Estimated lump sum payout: $140,000–$170,000
• Tax status: Often tax free
• Process time: Typically under two weeks
• Outcome: You receive 4x more than a surrender or loan, with no repayment, no credit check, and no future premiums.

This isn’t just more money — it’s a better, cleaner way to deal with medical expenses, regain control of your finances, and stop draining your savings. With a viatical settlement through American Life Fund, you get the most out of your life policy at the moment it matters most.

Why Viatical Settlements Work — And Work Fast

Viatical settlements exist because many people with serious illnesses simply don’t have time to wait for their life insurance policy to pay out after death. And for most, cashing out the policy early through loans or surrenders offers less value, more red tape, and significant tax consequences.

Here’s the logic: You’ve paid life insurance premiums for years. The life insurance company has built up accumulated cash value inside your whole life or universal life insurance policy. But unless you die, your beneficiaries receive nothing — and you can’t easily access the full value without penalty.

A viatical changes that. It allows a third party — not the insurer — to purchase your life policy for a lump sum. In return, the buyer collects the final payout when the policyholder passes. This arrangement makes it possible for you to unlock a portion of your face value now, based on your life expectancy and policy details.

That’s why it works:

• You get cash today based on real value you’ve already paid for.
• The buyer assumes responsibility for all future policy premiums.
• You have no loan to repay, no need to withdraw money, and no risk of default.
• The payout is tax free under federal rules for those with a terminal illness.

With American Life Fund, the process is private, fast, and specifically designed for individuals in your situation. You can resolve mounting medical expenses or avoid last resort borrowing like a home equity loan— using the policy you already own.

Get the Cash You Need 

If you’re dealing with mounting medical bills and own a qualifying life insurance policy, you don’t need to wait or borrow. American Life Fund helps you turn your policy into a large, tax-free lump sum — quickly, privately, and with no obligation.

Get a free estimate today and see how much immediate cash your policy could deliver.

Call us at (877) 261-0632
Or email: info@americanlifefund.com
Get started now: www.americanlifefund.com

Your policy has value you can cash in today. Let’s unlock it — now.