subject: Viatical Settlements versus Life Settlements – what is the difference? [print this page] Life Settlements, which in essence therefore sprung from Viatical Settlements, have also been tainted in some measure by the legacy of the early history of the Viatical industry, which left hundreds or more of investors, investing in excess of perhaps one billion dollars in viatical settlement policies, holding the bag. Mutual Benefits, a Viatical Settlement company based in Florida, was the largest of these failures, selling a projected profit stream on viaticated policies, that never came to fruition, in some measure because AIDs patients refused to die as they was projected. Thus, at once, the macabre and ghoulish nature of Viatical Settlements and later on Life Settlements, joined with the poor reputation earned by the Viatical industry on the investment side. The Life Settlements industry today is no doubt still living this tainted reputation down.
Viatical Settlements versus Life Settlements what is the difference?
