Life Settlements
Financial support for a terminal or chronic illness diagnosis
A viatical settlement lets a policy owner facing a serious diagnosis convert their life insurance into funds for care — often faster than a standard life settlement.
What Is a Viatical Settlement
Selling a policy when time and treatment costs both matter
A viatical settlement is the sale of a life insurance policy by someone diagnosed with a catastrophic or life-threatening illness, before the policy would otherwise pay out. Many people facing a serious diagnosis — including advanced-stage cancer and other terminal conditions — don't have the resources on hand to cover treatment, and a viatical settlement can help close that gap.
The mechanics are the same as a standard life settlement: a licensed buyer purchases the policy for a lump-sum payment and takes over the premiums. What differs is urgency — these cases are handled with that in mind.
Your Two Options
Selling your policy vs. borrowing against it
Viatical settlement
Sell the policy outright for a lump-sum cash payment. You give up ownership and any future death benefit, and take on no further premium obligation.
Life insurance loan
Borrow against the policy's value while keeping it in force. You retain ownership, but the loan (plus interest) reduces the eventual death benefit.
Which option makes sense depends on your policy, your treatment timeline, and your family's plans — we can walk through both with you at no cost.
Talk to someone today
No cost, no obligation, and no pressure — just a conversation about your options.