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Are there alternatives to a viatical settlement?

April 26, 2017Alternatives viatical

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Are there alternatives to a viatical settlement?

1 Answer

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10 Posted

Yes, there are three other options. First, you may be able to borrow against your life insurance policy. Second, either your policy or insurer may provide an accelerated benefits option. Finally, you may be able to cash out your policy if it has any cash surrender value.