Turn Your Life Insurance Policy Into Cash You Can Use
What is a Viatical Settlement?
A viatical settlement is a specialized financial service that can help you access funds that you can use today, for any purpose. It’s a resource that helps you restore a sense of control and gives you choices to focus on what matters most to you. It’s highly recommended to use a viatical settlement broker instead of trying to sell your life insurance directly.
The process of selling your life insurance usually takes a minimum of four weeks from receipt of your information through the payment of funds. Using a viatical settlement broker helps ensure you get the maximum value for your policy.
Who Is Eligible for Viatical Settlements?
You may be eligible for a viatical settlement at any age if your life expectancy has been reduced by a serious or chronic illness.
We do not require any application fee, invasive interviews or physical examinations. We only ask that you complete the LIBI inquiry.
What determines Viatical Settlement Payout?
Offers are based on a number of factors, including life expectancy, premium obligations, and prevailing interest rates. We consistently exceed the guidelines suggested by the National Association of Insurance Commissioners, providing settlements of up to 70 percent of a policy’s face value.
We know it is important for you to access your viatical settlement as quickly as possible; therefore, all funds are placed in escrow for immediate release upon completion of the process.
When you consider any option that touches your life and the lives of those you love, it’s important to have as much information as possible. We encourage you to speak with Greg or Lisa about this important resource, to learn how a viatical settlement may help address your needs. Please take a moment and call us at 1.800.936.5508.
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"From the first time I called LIBI, I felt confident in the company. She was very genuine... and she took the time to walk me through things step-by-step."
- Kelly Davis