What Are They?
Free Insurance Quote Comparison
Secured with SHA-256 Encryption
UPDATED: Sep 15, 2020
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
There are firms that will buy a life insurance policy from a person who is terminally ill with AIDS, cancer, or other diseases. This provides, to the insured person, cash to cover medical bills and to pay for travel or other desired expenditures in their remaining months. The viatical firm receives the death claim proceeds when the insured dies. The viatical firm hopes to price the settlement at a price that will be attractive to the insured and also allow the viatical firm to make a profit.