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Viatical Settlements vs. Life Settlements: Key Differences

Viatical Settlements vs. Life Settlements: Key Differences

When it comes to unlocking the hidden value in your life insurance policy, two popular options often come into consideration — Viatical Settlements and Life Settlements. Both options allow policyholders to sell their existing life insurance policies to third-party buyers for an upfront cash payment. However, the two are designed for different circumstances, and knowing…