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AARP - Viaticals: Watch Out

AARP - Viaticals: Watch Out

http://www.aarp.org/money/credit_debt/a2002-10-01-FraudsViaticals.html Investing in a life insurance settlement promises big profits with low risk. This article focuses on the very real risks involved. Learn how to spot viaticals, one of the top ten investment scams.
Connect with the AARP Community. James thought he was doing the right thing when he invested $50,000 in a viatical contract. The retired investor was told he would be making a humanitarian investment by purchasing the life insurance policy of a terminally ill person and that he could expect a large
buying someone's life insurance policy, discounted insurance policies, financial planning, insurance fraud, insurance sales, insurance scams Insurance > Life > Viatical and Senior Settlements

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Other links at Insurance > Life > Viatical and Senior Settlements

Information resource for individuals considering the sell of their life insurance policy due to terminal illness.
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Your home for all sorts of resources related to viatical settlements
Viatical Settlement Information your home for information on easing the financial burdens What is a viatical settlement? It is an arrangement where someone with a terminal illness sells or transfers ownership of a life insurance policy to a person or company and in return, received a percentage


Non-profit resource site describes viatical settlements, their history, benefits, and potential problems.
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Guide to Viatical Settlements ViaticalWeb provides information about viatical settlements. We do not buy or sell these settlements. We are a nonprofit consumer resource , providing information about these financial transactions. Viatical settlements involve a terminally or chronically ill
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Encyclopedia article including information such as how it works, history, and fast facts.
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From Wikipedia, the free encyclopedia It has been suggested that this article or section be A life settlement generally refers to the sale of a life insurance policy by a policyowner for less than the face value but more than cash-surrender value of the policy to third party investors. The third
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