Frequently Asked Questions

These are real questions we receive from people like you interested in a life settlement.

How much money is it going to cost me to sell my policy?
Do I have to pay my premiums after I get the money?
Can I sell my policy in lapse?
Do I need to take a medical exam?
How do you do medical underwriting with no medical exam?
My insurance agent told me about life settlements, should I work with him?
Ok, so what are the factors that determine bid offers?
What types of policies can be sold?
How do I get started?

Q How much money is it going to cost me to sell my policy?
A Unlike surrendering your policy, there are no charges at all to the client in a life settlement.

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Q Do I have to pay my premiums after I get the money?
A No you will never be required to make premium payments after you sell your policy.

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Q Can I sell my policy in lapse?
A Please remember that you must pay the premiums up till the time your policy is sold. Policies in lapse cannot be sold until they are taken out of lapse. Arrangements can be made to make premium payments in certain situations. Please call immediately if you would like to sell your policy and it is in lapse.

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Q Do I need to take a medical exam?
A You will never be required to take a medical exam.

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Q How do you do medical underwriting with no medical exam?
A All of our medical underwriting done is based on your medical records. If your conditions are not listed in your medical records, then they will not be used in medical underwriting. Up to date medical records always produce the most accurate information.

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Q My insurance agent told me about life settlements, should I work with him?
A Yes, please contact your insurance agent and tell him to contact our office. We will provide him with the information you need.

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Q Ok, so what are the factors that determine bid offers?

• Face value of the policy
• Estimated mortality of the insured
• Premiums to keep policy in force
• Rating of the Insurance Carrier
• Age of insured
• Policy Cash Value
• Loans against Policy
• Type of Policy

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Q What types of policies can be sold?
A Any type of life insurance policy can be sold, including term, group, and joint survivorship life insurance.

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Q How do I get started?
A Call ViaTrust today Toll Free at 1-800-416-0116

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