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Tuesday, October 07, 2008
 

Life Settlement Viatical Calculator

If you are 65 or older and have an unwanted life insurance policy, you may qualify for a life settlement to get cash now to help pay for essential expenses, such as medical bills and mortgage payments. A life settlement may garner up to 30% of the face value of the policy as opposed to the traditional method of surrendering the policy with your insurance company. The practice of selling your unneeded life insurance policy is known as a viatical settlement. The Life Settlement Calculator can help determine if selling your unneeded life insurance policy is right for you. Get a Life Settlement Guide and Free Quote with no obligation.
Personal Information
Age & Sex: Male under 65 or Female under 65
Male 65-68 or Female 65-71
Male 69-74 or Female 72-77
Male 75-78 or Female 78-81
Male over 78 or Female over 81
Medical Condition: Healthy Senior
Minor Health Problems (change in medication or illness)
Health has changed considerably since policy issue (e.g. diabetes)
Serious Health Problems or Viatical (e.g. cancer or cardio)
Doctor Visits: Never
Annual
Semi-annual
Quarterly
Monthly
Smoking Status: Non-smoker
Smoker
Life Insurance Policy
Face Value:
Policy Type: Joint Survivorship or Whole Life
Term Life
Universal Life
Joint Survivorship with one deceased
Current Cash Surrender Value: 30% + of Death Benefit
20% - 29% of Death Benefit
10% - 19% of Death Benefit
0% - 9% of Death Benefit
Unknown
Outstanding Policy Loan(s): 30% + of Death Benefit
20% - 29% of Death Benefit
10% - 19% of Death Benefit
0% - 9% of Death Benefit
Unknown
Annual Insurance Premium: $10,000 or More
$7,000 - $9,999
$4,000 - $6,999
$2,000 - $3,999
Less than $2,000
 
 

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