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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.
For individuals facing a terminal illness, medical bills and other costs are a primary concern and many turn to viatical settlements as a way to access funds quickly. A viatical settlement allows policyholders to sell their life insurance policies in exchange for a lump sum payment, which can help cover medical expenses, living costs, or …See More
When faced with a terminal illness, patients and their families often encounter difficult decisions regarding treatment options and financial planning. The uncertainty and emotional strain of navigating these choices can be overwhelming. Patients can take control of healthcare choices with viatical settlements by accessing the hidden value in existing life insurance in the form of …See More
Medical advances are continuously reshaping various aspects of our lives and the impact of medical advances on life settlements is no exception. As new technologies and treatments emerge, they influence life expectancy predictions, policy valuations, and the overall dynamics of the life settlement market. Here’s a closer look at how recent medical breakthroughs are affecting …See More
When considering life insurance policies, a question that frequently arises is, “Is the cash value of life insurance taxable?” Life insurance policies often have a cash value component that grows over time, but understanding how it is taxed—or if it is taxed—can be complex. In this blog post, we’ll discuss the potential tax implications of …See More
As people approach their retirement years, they often begin thinking about how to make the most of the resources they’ve spent decades accumulating. One of the most significant assets retirees often possess is their home. Utilizing home equity in retirement is a popular strategy to provide financial security and maintain a comfortable lifestyle. However, while …See More
When considering the sale of your life insurance policy, the process of selling policy to companies that buy life insurance may seem complex. However, with a clear understanding of the options available and the right guidance, this financial transaction can provide significant benefits, especially when traditional options, such as borrowing against the policy or surrendering …See More
Dealing with a terminal illness is one of life’s most difficult challenges, but the benefits of viatical settlements during terminal illness can provide both financial security and emotional relief. A viatical settlement allows individuals facing a terminal diagnosis to sell their life insurance policy for a lump sum of cash, offering immediate financial support. In …See More
When considering a viatical settlement, it’s important to understand what this financial option truly entails. Unfortunately, there are many myths that can cloud the decision-making process. In this article, we will explain why the top 5 common misconceptions about viatical settlements simply aren’t accurate, clarifying what’s fact and what’s fiction. This way, you’ll have a …See More
Life insurance is often viewed as a safety net for loved ones after a policyholder’s passing, but it can also serve as a valuable financial resource during the policyholder’s lifetime. Early life insurance payouts, often obtained through viatical settlements or accelerated death benefits, provide policyholders with immediate access to cash, which can be a crucial …See More
A viatical settlement can be a lifeline for individuals facing the dual challenges of a terminal illness and financial hardship. This financial option allows a person with a life insurance policy to sell it for a lump sum of money, which is often much needed for medical expenses, caregiving costs, or simply to improve quality …See More
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