How do I know if the viatical investment is legitimate?
This is a very difficult question to answer. There is no easy way to know whether the underlying insurance policy was obtained without fraud or to know whether the viatical company and the escrow agent/trustee will be around for the duration of the insurance policy. Be sure that the viatical seller gives you a prospectus and that the offering is registered with the Division of Finance and Corporate Securities. And make certain that all of your questions are answered by the seller.
