Life insurance policies, like other assets, can 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. The Funds we manage provide a valuable resource 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:
PREVENTED FORECLOSURE OF HOMES
FUNDED EXPERIMENTAL MEDICAL TREATMENTS
PROVIDED FOR NURSING HOME OR ASSISTED LIVING EXPENSES
FUNDED 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.