Learn About Our Programs

Our programs provide financial aid for cancer patients and others fighting life-threatening illness. Explore the best option for you and your family.

We offer a variety of funding options tailored to meet each client’s unique financial goals. After a brief consultation, we will discuss all available options and help you decide whether it makes sense to keep your policy, sell it through a viatical settlement or borrow against it with a life insurance loan.

Our viatical settlement and life insurance loan programs are designed to provide financial aid for cancer patients and others battling serious and terminal illness. Please read more about our programs below to help you decide which one may be right for you and your family. If you have questions about which program is right for you, feel free to call us anytime at (800) 544-7678.

Explore the best option for you and your family

Review our programs to choose which option works best for you. If you’re not sure, we are here to help.

Viatical Settlement - Sell Your Policy

A viatical settlement is the sale of an existing life insurance policy to a licensed viatical settlement provider for more than the policy’s cash surrender value, but less than the death benefit amount. The sale of the policy provides the owner with a lump sum cash payment today instead of collecting the policy’s death benefit in the future. The amount of a viatical settlement offer is based primarily on the insured’s estimated life expectancy and future premium costs. With a viatical settlement, you can receive up to 80% of the policy’s face value with no future premium expenses. A viatical settlement is typically the best option for people seeking the highest immediate cash payment for their policy, without the need to maintain a future death benefit for their beneficiaries. Learn more.

Life Insurance Loan - Borrow Against Your Policy

A life insurance loan provides an immediate cash advance of up to 50% of the policy’s death benefit using the policy as the sole collateral. Once the loan is completed, the lender takes over responsibility for premium payments and managing the policy. There are no loan payments or out-of-pocket expenses due during the term of the loan. The loan is repaid directly from the insurance policy’s death benefit and any remaining proceeds are paid to the your chosen beneficiaries. A life Insurance loan is usually the best option for policy owners looking for a lower up-front cash payment in exchange for preserving a future death benefit for their beneficiaries. Life insurance loans have been used to provide cancer financial assistance to families for many years. Learn more.

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Frequently Asked Questions

Read common questions and answers about our financial assistance programs.

Should I sell my policy or borrow against it?

Depending on your individual situation, a life insurance loan may work better for you than a viatical settlement. Typically, this decision will depend on whether you have a smaller immediate cash need and/or desire to preserve some of the policy’s benefit to pass on to your beneficiaries. When you contact us, we will help you decide which option is best for you and your family.

Do I qualify for a viatical settlement or life insurance loan?

Individuals diagnosed with advanced-stage cancer or another serious illness with life insurance of more than $50,000 in face value will generally qualify for our viatical settlement and life insurance loan programs. If you haven’t been diagnosed with a serious illness, but are over 70, you may still qualify for one of our life settlement programs for seniors. Learn more about our life settlement programs here.

What types of policies are eligible for viatical settlements and life insurance loans?

Universal Life, Whole Life, Variable Universal Life, Term and Convertible Term Life policies issued by U.S. based insurance companies. Joint, second-to-die policies, group policies and those issued by FEGLI, VGLI and SGLI are typically eligible as well.

How much should the policy’s face value be?

Generally, a policy with a face value of $50,000 or higher is eligible for a viatical settlement or life insurance loan.

Is a health exam required?

No. Unlike when you purchased your life insurance coverage, a health exam isn’t required for you to qualify for a viatical settlement or life insurance loan. Medical underwriting decisions are based on an independent review of the medical records we will obtain from your health care providers.

Is a credit check required for a life insurance loan?

No. There will never be any credit checks for the life insurance loan. Since the only collateral for the loan is the insurance policy, your individual credit worthiness doesn’t matter.

I don't have a serious illness. Do I have any options?

If you haven’t been diagnosed with a serious illness, but are over 70, you may qualify for one of our life settlement programs for seniors. Learn more about our life settlement programs here.

Do you still have questions?

Visit our Frequently Asked Questions page for a comprehensive list of questions and answers about viatical settlements and life insurance loan. Or, feel free to contact us anytime for a free policy review to find out if you qualify.