Cash for Your Life Insurance Policy


Viatical Sarasota

727.735.3200

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 Cash It, Don't Trash It. 

Cash paid for your life insurance policy. Viatical Sarasota

For those aged 65 and over, viatical settlements offer a smart alternative to canceling life insurance policies. Financial hardship paying your life insurance premiums each month?  Don't trash it, cash it.  Consider selling your policy for cash.  Contact our office for free, no obligation life insurance policy review that will determine if you are eligible for a cash payout. This option can provide much-needed funds for medical expenses or retirement, maximizing your financial well-being.

Benefits of Cashing In Your Life Insurance Policy via a Viatical Settlement

If your life insurance premiums are causing you stress and financial hardship, we recommend a cash viatical settlement. Our firm, with over 38 years in the industry, works with leading viatical settlement companies that will pay you cash for your life insurance policy.  Your policy may be worth thousands of dollars.

STOP! Before you trash it, cash it.

There are no out of pocket fees for us to complete a full analysis on your current life insurance policy to confirm if a cash offer is available to you.


Cash Paid via a Viatical / Life Settlement for your Life Insurance Policy

A Viatical Settlement for your life insurance policy is a smart and financially beneficial decision; especially compared to simply stopping payments on your life insurance policy.  Don't leave cash on the table. Your life insurance policy may be worth thousands of dollars with a viatical settlement.


Why Choose a Viatical Settlement for your Life insurance Policy?

  1. Financial Need Due to Terminal or Chronic Illness:  If you have a serious or terminal health conditions,  selling your policy to help cover the high costs of medical care, treatments, or other immediate expenses associated with their illness is practical.
  2. Loss of Need for the Policy: Life circumstances can change, and sometimes a life insurance policy no longer serves its original purpose. For instance, if dependents have grown financially independent, you might decide that the death benefit is no longer essential.
  3. High Premium Costs: Policy premiums can become burdensome, particularly if you are on a fixed income. Selling the policy relieves you from ongoing premium payments, especially when maintaining the policy is no longer financially viable.
  4. Desire to Improve Quality of Life: Some people sell their life policies to use the funds for bucket-list items, travel, or other experiences that improve their quality of life during a difficult time.
  5. Eliminating Debt: When faced with significant debt, a viatical settlement can help free up cash to pay off creditors, which can ease financial strain on you and your family.
  6. End-of-Life Care and Legacy Planning: In some cases, you may prefer to use the funds from a viatical settlement to pay for long-term care or to gift money to family members or charities while you are still alive.
Viatical Settlement. Cash for life insurance policy.

Yes, I'm Interested in Cash for My Life Insurance Policy

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How do I contact your office?
Text or call: 727.735.3200

Email: info@TampaViatical.com
Are there any risks for me to have my policy reviewed to determine it's cash value?
No risk at all. The viatical settlement company will analyze your current policy, your recent medical history and offer a cash buyout or not. Not all policies are eligible for a cash buyout.
Are all types of life insurance policies eligible for a cash settlement?
No. The viatical or life settlement insurance carrier will request a copy of your life insurance policy to determine if you are eligible for a cash settlement.
What is the minimum face amount of life insurance eligible for a cash settlement?
Policy must have a death benefit of $100,000 or higher.
What ages are eligible for a viatical settlement?
You must be age 65 or over to apply for a cash settlement.
How long does the process take to complete?
Often you will receive an offer or a "no offer" in about 30 days. It depends on how fast your personal doctor provides the required medical history data. Once an offer is provided, and you accept the offer and complete the paperwork, it will take about six weeks on average to receive your cash payment.
Do I have to take a medical exam?
No. The life insurance carrier will review your life insurance policy and your medical history to determine if you will receive a cash settlement offer.
What is the fee?
There is no fee to review your life insurance policy's eligibility for a cash buyout. The life settlement broker is paid by the insurance carrier. The insurance policyholder has zero out-of-pocket expenses.