Life Settlement and Viatical Settlement News

A good read about selling your life insurance policy can be found at: Wanted: Your Life Insurance
This articls dicusses methods about selling your life insurance policy and what to expect. I feel it sheds a little bit of negativity on the life settlement industry, and does not tell both sides of the story. Here are […]

When your needs have changed, a life settlement might be a great option.
Those who have closed a business, divorced, or paid off a mortgage, may still be paying for life insurance they no longer need. As a bonus, consumers may get a significant payment from the insurer when they cancel. Surprisingly, some polices are worth […]

EXTON, Pa., Oct. 14 /PRNewswire/ — iPipeline is pleased to announce Life Insurance Settlements, Inc. (LIS) will be syndicating their life settlement forms through iPipeline’s content distribution services. Using iPipeline’s content repository, LIS now makes it quicker and easier for general agents to offer their writing agents the ability to submit policies for a non-binding […]

We have received many questions regarding the taxation of your life insurance settlement.
We recommend you speak to a professional tax advisor regarding this issue. Typically, any amount you receive in excess of the cash surrender value would receive preferential tax treatment as capital gains. Viatical Settlements, the prototype from which Life Settlements were developed, are […]

A Viatical Settlement is a little bit different from a Life Settlement. I put together a brief description about the two settlement types.
A life settlement refers to the sale of a policy of a non-terminally ill insured, typically a senior citizen, while a viatical settlement refers to the sale of a policy where the insured […]