What are the purchasing requirements of viatical settlement funding companies and how much can the seller expect to receive in viatical settlement proceeds for his/her policy?
Each funding company has its own set of underwriting criteria upon which it bases its offers. However, the purchase price paid by a funding company will be based upon the estimated life expectancy of the insured: the shorter the life expectancy, the higher the offer. Important elements of the offer are the required annual premium, the type of policy and rating of the life insurance company and the market rate available on similar investments.
Related Questions
- What are the purchasing requirements of viatical settlement funding companies and how much can the viator expect to receive in viatical settlement proceeds for his/her policy?
- Do all viatical or senior life settlement funding companies offer the same net proceeds?
- Do all viatical settlement funding companies offer the same net proceeds?
