Apply For A Viatical Settlement

Apply For A Viatical Settlement

Apply For A Viatical Settlement

he first step is to apply for a viatical settlement using the form on this page or by contacting us directly.

Once we receive your application, a representative will contact you to ask for more information about your policy and health condition.

You will then need to submit supporting documents, such as a copy of medical records or policy documents requested by our representative.

Once we have all the necessary documents and determine you qualify, we will make an offer to you. The offer will be based on the information provided in your application and supporting documents.

Once the offer is accepted we will send you contracts to sign.

Once the paperwork is completed, you will receive your payment in as little as two weeks..

To qualify for a viatical settlement, your life insurance policy must have a death benefit of at least $200,000. The policy must also be at least two years old, and the insured person must be diagnosed with a life threatening illness.

The amount of money paid for the viatical settlement is determined by several factors including the insured’s health condition and the policy’s type, face value, and premiums, among other factors.

If you qualify for a viatical settlement, receiving the payment usually takes a few weeks from the time you send back the settlement contracts However, this can vary depending on the complexity of your application and whether any additional documents are needed.