The ins and outs of life insurance can be complex. That can be especially true if you want to sell your life insurance policy. There are two types of settlements: life settlements and viatical ...

The Nebraska Supreme Court Friday ruled against a group of investors that tried to muscle a state guaranty association into paying about $1 million for the group’s failed viatical investments. A group ...

WASHINGTON — A growing number of Americans are being taken in by misleading offers of “guaranteed” returns on viatical settlements--a risky investment product that needs to be more tightly regulated, ...

Although panned by critics as a morbid “wager on death,” the controversial business of viatical settlements has found new life during these tough economic times. A growing number of elderly — many of ...

The original version of this story was published on National Law Journal In a defeat for the insurance industry, the 11th U.S. Circuit Court of Appeals has affirmed a lower court ruling barring 17 ...

A Georgia federal court decision involving a viatical settlement of a term life policy is being appealed after a judge ruled the transfer an “unlawful wagering contract.” The lawsuit focuses on a ...

CHICAGO – The Illinois Department of Insurance is highlighting a new law that will protect Illinois consumers who enter into viatical settlements and prohibit dangerous stranger-originated life ...

A Perryville man is one of two Missouri insurance agents who has been ordered not to sell investments in viatical settlement contracts to residents unless they are registered as securities. William R.

Life insurance policyholders may realize at some point during the term of their policies that they no longer want to own the policy. Some possible reasons for no longer wanting to own a life insurance ...

One way a person with limited life expectancy can quickly raise needed cash is through a "viatical settlement," the sale of a life insurance policy for less than the amount of its death benefit. As an ...

In a defeat for the insurance industry, the 11th U.S. Circuit Court of Appeals has affirmed a lower court ruling barring 17 insurance companies from canceling policies due to a massive fraud ...