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.
Do Interest Rate Changes Affect Life Settlements?
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
Paying for Parkinson’s Care
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
Redeem Life Insurance While Living
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
How Investors Value Your Life Insurance
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
Viatical Settlements Can Help Cover Home Care Equipment Costs
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
Alternative to Lapsing Life Insurance
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
What Happens When Term Insurance Expires?
Term life insurance is a popular choice because it offers affordable, straightforward financial protection for a set period—typically 10, 20, or 30 years. But what happens when that period ends? If you’re approaching the end of your term, it’s essential to understand your options. In this post, we’ll explain what happens when term insurance expires …See More
How to Get the Best Offer for Your Life Insurance Policy
If you’re considering selling your life insurance policy, you may be wondering how to get the best offer for your life insurance policy. Our platform connects you with potential direct buyers, making it easier to secure the best possible offer. To maximize the value, it’s important to understand the factors that influence life settlement offers, …See More
Who Buys Life Insurance?
When people think about life insurance, they often view it as a way to provide financial protection for loved ones. However, there is also a market where existing life insurance policies can be bought and sold. But who buys life insurance policies once they are in place? Life settlement buyers and viatical settlement purchasers purchase …See More
How Do I Convert My Life Insurance to Cash?
If you’ve ever asked yourself, “How do I convert my life insurance to cash?”, you’re not alone. Many policyholders may face a situation where they need fast access to cash, and life insurance can be an overlooked asset with significant hidden value. There are several ways you can convert your life insurance into cash, each …See More
DO YOU QUALIFY?