Viatical Companies
Viatical Companies either purchase secondary market (life insurance policies over two years old) through viatical brokers, or companies (Brokers) that specialize in negotiating these policies for the highest offer on behalf of the policy owner. Life Settlement Pro is an affliate Viatical and Senior Life Settlement Broker.
Viatical brokers are paid a commission for their services. Much like real estate brokers, bond brokers, and stock brokers. The difference being that viatical brokers are paid by the funder and charged with the responsibility of processing the transaction in a more complex way. While a real estate broker or stock broker will “show in” the item they want to sell in a market that is fairly efficient and easy to determine, a viatical broker will prepare the item (insurance file) for sale promoting it’s value that varies greatly between the many funders.
If you have one or more life insurance policies you are interested in selling your, or if you’re are an accountant, financial planner, or estate planning attorney with clients that can benefit from this important financial option, give us a call at 1-888-973-8377 and discuss the opportunities available both you and your clients.
Life Settlement Pro uses licensed viatical brokers that specializes in representing policy owners and the insured on life insurance policies insuring people who suffer from health impairments or are of advanced age - 70 and above with some health issues. These transactions are collectively referred to as a viatical settlement, senior settlement, or life settlement. With the term “viatical” generally referring to an insured who is terminally ill.
Feel free to use our online contact form or call us to begin the application process. We strive to find the highest value for your policy.
