Victims of metastatic bone cancer can get cash from life insurance through a viatical settlement, offering much-needed financial relief at a time when expenses and care needs often increase rapidly. When cancer spreads to the bones, commonly from the lungs, breasts, or prostate, patients may experience severe pain, limited mobility, and rising out-of-pocket medical costs. Selling your life insurance policy can provide immediate funds without incurring debt or using home equity.
What is Metastatic Bone Cancer?
Metastatic bone cancer happens when cancer cells spread from another part of the body to the bones. This is different from primary bone cancer, which originates in the bone itself. The spine, pelvis, ribs, and long bones of the arms and legs are frequently affected. Bone metastases can cause fractures, nerve compression, and significant pain, making everyday tasks challenging.
Treatment typically includes chemotherapy, radiation therapy, bone-strengthening medications like bisphosphonates, targeted therapies, and pain relief. Some patients may also explore immunotherapy or clinical trials. Even with insurance, the financial burden from co-pays, travel, and specialized care can be overwhelming.
How Viatical Settlements Work
A viatical settlement allows someone with a terminal illness to sell their life insurance policy to a licensed buyer in exchange for a lump-sum cash payment. The buyer becomes the policy owner, pays any future premiums, and receives the death benefit later. Meanwhile, the patient receives immediate funds and no longer needs to maintain the policy.
To qualify, the insured generally must have a terminal diagnosis with a life expectancy of 24 months or less. (Those with longer life expectancies may qualify for a life settlement.) Most types of policies are eligible including whole life, universal life, and convertible term if the policy is still active and has a face value of at least $100,000.
How This Helps Victims of Bone Metastases
For those with metastatic bone cancer, daily life can be disrupted by treatment schedules, limited mobility, and the need for full-time care. Victims of metastatic bone cancer can get cash from life insurance to help pay for in-home assistance, medical equipment, transportation to appointments, or treatment centers that may be far from home.
Some patients use the cash to cover household bills, access experimental or out-of-network therapies, or prepare for end-of-life arrangements. These funds can ease financial stress and improve comfort and dignity during a difficult time.
When to Consider Selling a Policy
You may want to consider a viatical settlement if:
- You have a life insurance policy worth $100,000 or more
- You’ve been diagnosed with a terminal illness and have a limited life expectancy
- You’re facing high medical bills or need funds to support caregiving and comfort
- The policy is no longer needed for your beneficiaries or estate planning or if funds would be more beneficial now than later on
Learn More
Victims of metastatic bone cancer can get cash from life insurance through a viatical settlement, giving them fast access to funds when they’re most needed. If you or someone you love is living with this diagnosis and has a life insurance policy they no longer need, we offer a confidential, no-obligation policy appraisal.
Call us at 800-973-8258 to learn if your policy qualifies.
DO YOU QUALIFY?