An Explanation of Viatical Settlements

Owning a life insurance policy is a part of becoming an adult. As soon as you become eligible for life insurance, you must start paying for the premiums so that you are set for life, primarily when you no longer work, either because of retirement or illness that renders you unemployable. There are instances when life hands us challenges that are hard to win, such as a critical illness that gives you a limited time to live and enjoy your life. What will happen to your life insurance if this … [Read more...]