Do I Qualify

Consider a Viatical Settlement

Life insurance is personal property and can be sold just like any other asset. A viatical settlement may be the solution to help alleviate financial burdens associated with a chronic or terminal illness.

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Viatical Settlement

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Viatical Settlement

How do Viatical Settlements work?

A viatical settlement is when you sell your life insurance policy to a third-party buyer. The buyer will take over all future premium payments, and you’ll receive a cash payout that is on average three – seven times more than the policy’s cash surrender value.

In certain situations, you may even be able to receive your viatical settlement payout tax-free.

Why would I sell my policy?

  • Pay your medical bills
  • You need the extra funds.
  • You no longer need your policy.
  • Cover Hospice or long term care costs
  • Lessen the financial burden on heirs
See If You Qualify
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Why Choose A Viatical Settlement?

If you have a terminal illness, selling your life insurance policy through a viatical settlement can help you access funds that can be used right now. If you are struggling with the cost of treatment or simply want the assurance that your family’s needs will be resolved. Selling your life insurance policy could be a good option for you. 

In certain situations, you may even be able to receive your viatical settlement payout tax-free.

One of the best things about a Viatical Settlement is you have the option to make a contribution to your favorite charity and experience the joy of giving.

I would like to thank you for all the great work that you have done on my behalf. I feel confident that I will be able to use the proceeds from the sale of my life insurance policy to secure my family's future.
Sam Nolan

Viatical Settlements

Are You Eligible for a Viatical Settlement?

To qualify for a viatical settlement, you must have a chronicle or terminal illness. There is no minimum age or policy size for viatical settlements.

If you are terminally ill and have a life expectancy of less than 24 months, you could qualify for a viatical settlement.

A viatical settlements is typically tax-free. A medical professional, usually a doctor confirms the terminal diagnosis.

If you are unable to perform at least two activities of daily living, you may also qualify. 

  • Examples include:
  • Bathing
  • Dressing and grooming
  • Eating
  • Toileting
See If You Qualify
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Whether you are a policyholder or a financial advisor, our team of skilled Life Settlement brokers are here to assist you.

Advanco Life Settlements Is A Registered Texas Life Settlement Company, License #1986960

© 2024 Advanco Life Settlements, Inc. Disclaimer: Advanco Life Settlements, Inc., and/or a principal or agent of the company, are authorized, licensed, and/or registered to act as life settlement brokers in most states. Due to the nature of the internet, this website or any other correspondence does not constitute a solicitation for business in any particular state. It is the responsibility of all intermediaries to adhere to state laws and obtain any required licensure for financial or life settlement business activities. Advanco Life Settlements will not accept business in states where it is not licensed. The information on this site is not intended for use in states where Advanco is not authorized to operate. Copyright 2024 Advanco Life Settlements, Inc.

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Check If You Qualify

Whether you are a policyholder or a financial advisor, our team of skilled Life Settlement brokers are here to assist you. Fill out the form below and share any questions you may have about life insurance or the cash value of your life insurance policy and one of our brokers will get in touch with you.

All types of life insurance policies are considered, including Universal Life, Whole Life, Term Policies, and Variable Policies.

This is not an application. You will receive a phone call in response to filling out this form. By clicking “Submit Form” you agree to receive communications from Advanco Life Settlements.com All regulated activities are performed by a licensed associate.