Life Settlement and Viatical Settlement News

VIATICAL INSURANCE
An investor lawsuit over the collapse of Fort Lauderdale’s Mutual Benefits Corp. has yielded a $10 million settlement with the firm’s lawyers.
BY PATRICK DANNER
[email protected]
Investors who claim they were defrauded in the purchase of life-insurance policies from the now defunct Mutual Benefits Corp. have reached a $10 million settlement with the firm’s lawyer.
The deal with […]

Bonded Life Settlements are insurance policies that have been underwritten to the standards of a bonding company, who, for a bonding premium, is willing to provide a performance bond warranting that should the policy not mature by a specified date, the bonding company will buy-out the purchasers’ interests in the policy at face value. The […]

Here are a few Life Settlement Donor Benefits:
- Flexible new options to make donations.
- The opportunity to see the benefits of a gift during their lifetime rather than after their death.
- The ability to make a donation to you favorite fundraising organization or charity without depleting cash savings or losing income-producing assets.
- Getting a tax […]

Many people do not understand that a life insurance policy can be sold, you should know that a life insurance policy is an asset that can be sold - just like real estate, a car, a boat, etc… A Life Settlement ( also known to Seniors as a Life Insurance Settlement or Senior Settlement ) […]

But Venice agent denies wrongdoing
“Nobody ever lost money; it’s safe.”
Those words, uttered by Venice-area financial planner Herman “Skip” Jaehne, led retirees Ron Gillis of North Port and John Romanus of Port Charlotte to invest many thousands of dollars in “viatical settlements.”
No one could lose on the investments, Jaehne argued, because a viatical settlement is an […]