Buying The Beneficiary Position On A Life Insurance Policy -

"My grandfather," Arthur whispered. "He didn't die of a stroke at eighty. He lived to be a hundred and four. My father is still alive in a nursing home in Vermont. He’s one hundred and seven."

Viaticals involve terminally ill insureds; life settlements typically involve seniors with longer life expectancies. buying the beneficiary position on a life insurance policy

The fluorescent lights of the law office hummed with a clinical indifference that matched the man sitting across from me. Arthur Vance was eighty-two, possessed a handshake like dry parchment, and held a life insurance policy worth four million dollars. "My grandfather," Arthur whispered

"Don't lie," he chuckled, followed by a wet, racking cough. "You're thinking about the four million. But I called to tell you something. I lied on the medical disclosure. About the family history." My father is still alive in a nursing home in Vermont