Chapter Overview

This chapter examines the fundamental mechanics of viatical and life settlement transactions — who the parties are, how a settlement is structured, and what factors drive the size and speed of a settlement. The important points addressed in this chapter are:

  • Terms defining participants in the lifetime settlement process
  • Steps involved in arranging a lifetime settlement
  • Items a policyholder should consider before selling a life insurance policy
  • Factors affecting the speed of a settlement
  • Factors affecting the size of a settlement

Chapter 2 Pages

Page 1 — Terminology → Page 2 — Mechanics of a Settlement → Chapter 2 Review Questions →
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