Wilbanks & Associates - A Senior Viatical Settlements Broker

Financial Freedom Today!
Today you have the more attractive option of "selling" your coverage for a lump sum settlement that may greatly exceed the cash value in your policy.

senior settlements

viatical settlements

When a change in circumstance makes a life insurance policy no longer necessary or cost effective, the historical solution has been to surrender the policy and capture the embedded cash value, or to let the policy lapse.

Senior/Life Settlements
A Senior, or Lifetime Settlement, is simply the sale of a life insurance policy owned by an individual who is typically 70 years old or older for an immediate lump sum settlement (greater than the cash value in their policy and less than its face amount).

Viatical Settlements
A Viatical Settlement is the sale of a life insurance policy owned by a person with a catastrophic illness for an immediate lump sum settlement.