From the Press

"There's a human aspect to viatical settlements; you're making a difference in someone's life, not just dealing with numbers."

Physicians Financial News, 1998

"Investors can reap returns of up to 25% a year; beating most stock funds... it's better than the alternatives."

Newsweek

 March, 1992

 

"As viatical and senior settlements race through, the investment vehicles, like certificates of deposits (CD's), bonds, and mutual funds are left behind in a path of destruction."

Life Insurance Selling Magazine 

October, 2000

 

"The Final months or years of a person's life are lived with the dignity of not going broke..."

Phil Donahue, The Donahue Show 

December, 1992

"Possibly the biggest selling point for the (viatical) industry is that the terminally ill themselves are among the biggest supporters.  Whether they use the money for medicines and alternative therapies or splurge on a dream house or an exotic trip, few viators, as they're called, have regret.  They say the cash infusion has taken their mind off death and disease."

Associated Press 

September, 1994

"The health insurance situation in the United States has only worsened over time," says Hobson, a registered nurse who previously worked in the University of Missouri's Center for the Study of Aging.  "Our industry exists because people have horrible, horrible expenses when they become terminally ill and need to get the money somewhere," Hobson says.  "If they have a life insurance policy, why not use it for living?"

Tennessee Medical Association Medwire

April, 2001

“This spring, The House passed a bill that would give the terminally ill people who sell their policies a tax break.”

U.S. News and World Report

 August, 1995  

The television show, 60 Minutes, said “It is the perfect no risk investment.”  They also explained that prior to the Viatical Industry, approximately 90% of terminally ill patients allowed their life insurance to lapse.

60 Minutes, December, 1995

“About $300 million or nearly 4,000 life insurance policies will be sold by ill people to Viatical companies this year, nearly double last year’s total.  Meanwhile, with profits on investments averaging nearly 20%, it is a business that has become too attractive to ignore.

The New York Times

 November, 1994

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