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Each viatical settlement company sets its own rules for determining which life insurance policies it will buy. For example, most viatical companies will require that:
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www.quackwatch.org/02ConsumerProtection/viatical.html
www.quackwatch.org/02ConsumerProtection/viatical.html
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Since that time, there have been sweeping changes in the operations of Florida-licensed viatical settlement companies and the number of these companies operating in Florida has dwindled significantly.
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www.consumeraffairs.com/news04/2007/03/fl_viatical.html
www.consumeraffairs.com/news04/2007/03/fl_viatical.html
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CONSUMERS:VIATICAL SETTLEMENTS COMPANIES ... Viatical Settlement Companies and Brokers; ... Consumers Overview / Licensee Information / Viatical Settlements / Viatical Settlement Companies...
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www.insurance.ca.gov/0100-consumers/0030-licensee-info/...
www.insurance.ca.gov/0100-consumers/0030-licensee-info/0040-viatical-settlements/viatical-settlement-companies.cfm
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"First, we're concerned that the inherent risk of viatical investments - gambling on when someone will die - aren't being adequately disclosed, and second, many investors have been outright defrauded by some viatical companies or their sales agents."
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www.quatloos.com/viaticals.htm
www.quatloos.com/viaticals.htm
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States which require viatical settlement companies to be licensed are doing you a favor. You're better protected as a consumer when settlements are regulated. Such a state, for instance, guarantees that you can change your mind after you accept an offer, even if you signed a waiver of the 15-day rescision period.
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www.viatical.com/guide.htm
www.viatical.com/guide.htm
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Viatical.com offers financial assistance to seniors and people with severe or chronic illnesses by purchasing their life insurance policies, this assures financial security and peace of mind. Viatical Settlements, Viaticals, Life Insurance Settlements, Senior Settlements. ... For others a viatical settlement is the better option.
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www.viatical.com/
www.viatical.com/
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Viatical companies frequently try to convince investors that an investment in a viatical is "guaranteed" because everybody dies. But that is not the proper way to measure the worth of any investment, even a viatical settlement.
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dfcs.oregon.gov/faqs/faq_pages/viatical.html
dfcs.oregon.gov/faqs/faq_pages/viatical.html
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Viatical Companies either purchase life insurance policies sourced through viatical brokers or companies (Brokers) that specialize in negotiating these policies on behalf of the policy owner. ... Viatical brokers are paid a commission for their services. Much like real estate brokers, bond brokers, and stock brokers.
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www.safeharborfunds.com/Viatical_Companies.htm
www.safeharborfunds.com/Viatical_Companies.htm
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The Internet has tens of dozens of ads from companies eager to sell you viatical & life settlement investments. No federal agency regulates this investment; states are just beginning to do so. Investors are completely on their own -- and have lost in excess of $500 million in the short life of this industry.
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www.viatical-expert.net/
www.viatical-expert.net/
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