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The Basics of Life Settlement and Viaticals
As an elderly person, you may be faced with bills you cannot afford. You may be retired, to tired or unwilling to go back to work at your age, and not able to pay your living expenses. In other cases you may just not need your policy anymore, such as if you no longer have a beneficiary.
As a terminally ill individual, even if you don't want to treat the illness because the prognosis is poor, you still will want the rest of your days to be bearable and pain-free, which may require costly procedures or medications. Those in this position are often on a fixed income and unable to afford the portion of the bills that their insurance may not cover. On top of all this, you may come to a point where you are unable or to...
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