Are you considering selling your life insurance policy, but not quite sure how a viatical settlement differs from a life settlement? The two are often mistakenly used interchangeably, but there are several key differences you should be aware of when trying to determine your eligibility, and what option is best suited for your unique needs.
Most people think the benefits of life insurance only occur after someone passes away, but many policies also carry benefits that can be utilized throughout the policyholder’s life. In fact, your policy may include cash options you aren’t aware of that can provide financial assistance or relief.
In this in-depth overview, we’ll help you understand what the living benefits of life insurance are so you can take advantage of the financial options available to you or your loved ones.
Harbor Life is a life settlement marketing company. Harbor Life will refer qualified policy owners to one or several licensed life settlement brokers or providers. Harbor Life will be compensated for life settlement transactions that originate on www.harborlifesettlements.com. There is no guarantee that every user will receive an offer. The names of the Harbor Life users marketed as example transactions have been changed to protect the privacy of the user.
