Do Your Homework. Viatical, Life Settlements, Viatical Settlement, Life Settlement, Get your free appraisal today!
C.E. Dean, FICF – Life Settlement Industry Expert
C.E. Dean has decades of experience in the life settlement and life insurance industries. He began his career as a life insurance agent in the 1980s and later served as a Senior Vice President at Foresters Financial, where he trained and managed hundreds of agents and worked closely with policyholders and their families. Throughout his career, he witnessed how many seniors and individuals with serious health conditions were not informed that they had the legal right to sell their life insurance policy. Many let their policies lapse, throwing away tremendous hidden value.
In 2016, he introduced the direct model for life and viatical settlements at the annual Life Insurance Settlement Association (LISA) conference. This model was designed to streamline the settlement process by connecting policyholders directly with licensed buyers. It offered a more transparent, cost-effective way for consumers to explore their options and potentially receive higher payouts while maintaining compliance with industry regulations. The introduction of this model completely transformed the viatical and life settlement industry by streamlining the entire process.
Dean founded Viatical.org to provide educational resources for those considering a viatical or life settlement. After decades in the industry, he saw how life insurance companies often encouraged seniors to lapse or surrender their policies for far less than the policy’s fair market value. He also saw that many agents were prohibited from informing clients that they had the legal right to sell their policy. Viatical.org was created to change that.
The platform helps consumers evaluate whether they qualify and connects them directly with licensed direct buyers, ensuring they maintain full control over the decision to sell. There is never any obligation and policyholders never have to subtract any broker fees from the direct offer they receive.
The evolution of viatical settlements has been a remarkable journey, beginning with a landmark legal case over a century ago and transforming into a vital financial option for policyholders today. This journey highlights how life insurance policies, originally created for beneficiaries, became valuable assets that can be sold to address immediate financial needs. Roots: Grigsby …See More
When a parent needs assisted living but can’t afford it, the financial and emotional strain on families can feel overwhelming. Assisted living costs can quickly add up, averaging thousands of dollars per month. Fortunately, there are ways to alleviate this burden, including exploring a life settlement or viatical settlement as a potential source of funds. …See More
When considering the purchase of a life insurance policy through life settlements or viatical settlements, one critical factor that shapes investment decisions is life expectancy. How do life settlement investors determine life expectancy? In these transactions, life expectancy is estimated by third-party life expectancy report providers who employ physicians that evaluate existing medical records. This …See More
For those holding a life insurance policy on waiver of premium, the idea of selling a life insurance policy with waiver of premium for cash may not be top of mind. However, this unique status could make the policy highly appealing in the secondary market, offering you an opportunity to access substantial cash that could …See More
One question we often hear is: do interest rate changes affect life settlements? The reality is that interest rate fluctuations have minimal direct impact on life settlement values. Unlike other financial products, life settlements are largely influenced by factors directly tied to the policy itself and the insured’s health, rather than external economic variables like …See More
When it comes to paying for Parkinson’s care, many families face a daunting financial challenge. The cost of managing this progressive neurological disorder can be substantial, with expenses often covering a range of needs from daily care assistance to medications and specialized therapies. For some, the financial burden can become overwhelming. Fortunately, options like viatical …See More
When most people purchase a life insurance policy, they intend it to provide financial protection for their loved ones after they’re gone. But what if you need access to funds sooner? Can you redeem life insurance while living? The answer is yes; it may be possible to access your policy’s value during your lifetime through …See More
If you’re considering selling a life insurance policy, understanding how investors value your life insurance can help you navigate the process and potentially secure a higher payout. Life insurance policies are valued based on factors that indicate the potential profitability for investors, who typically aim to balance risk with return. From life expectancy and policy …See More
For families managing the costs of serious illness at home, covering essential expenses can become overwhelming. Medical equipment like hospital beds, oxygen systems, and mobility aids are critical for maintaining quality of life, but these items are often costly, with expenses adding up quickly. This is where viatical settlements can help cover home care equipment …See More
If you are considering letting your life insurance policy lapse, you should explore an alternative to lapsing life insurance that could provide you with more financial value. Many policyholders face rising premium costs or simply feel they no longer need the coverage they once had. However, letting a policy lapse can mean losing out on …See More
DO YOU QUALIFY?