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Practical Applications ::
Life insurance policies, like other
assets, can now be sold to generate cash during a terminal or chronic
illness or retirement. With access to hundreds of millions of dollars
each year, we have assisted hundreds of families and individuals as they
struggled with the financial stresses of a chronic or terminal illness.
Additionally we have provided a new market for seniors to sell policies
that they don’t want or need, alleviating the financial burden of
premium payments and replacing it with cash. Funding provided by
ViaSource has:
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PREVENTED FORECLOSURE OF HOMES
- FUNDED
EXPERIMENTAL MEDICAL TREATMENTS
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PROVIDED THE FUNDS FOR NURSING HOME OR ASSISTED LIVING EXPENSES
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HOSPICE CARE STAYS
In many cases the funds ViaSource
provided enabled the sellers to live their remaining days with dignity.
Our funding has provided seniors with the flexibility of replacing under
performing policies with newer more favorably priced ones or sell
policies they no longer want, need or can afford. The proceeds of the
sale can be used for whatever the seller desires, be it for immediate
cash needs or simply re-investment.
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