Viaticals Evolving into Burgeoning Securitization Market

March 2001
Advisor Today;Mar2001, Vol. 96 Issue 3, p30
Trade Publication
Focuses on viatical settlements in life insurance policies. How the settlements work; Process of the securitization of life insurance death benefits; Fraud related to life settlements.


Related Articles

  • Life Settlement Proposals Could Affect Viatical Brokers And Contracts. Connolly, Jim // National Underwriter / Life & Health Financial Services;9/29/2003, Vol. 107 Issue 39, p10 

    Discusses whether life settlements proposal could affect viatical brokers and insurance contracts in the U.S. Questions on the insurance contract containing language that prohibits viatication of a life insurance policy; Statement of Lester Dunlap, assistant commissioner at the National...

  • NASD Suggests Best Practices For Life Settlements Of VL Policies. Casey, Brian T.; Marhoun, Eric L.; Sherman, Thomas D. // National Underwriter / Life & Health Financial Services;10/30/2006 Supplement, Vol. 110, pS13 

    The article focuses on the issuance of a notice by the National Association of Securities Dealers (NASD) that reminds its members that life settlement involving the sale of variable life insurance policies are sales of securities in the U.S. The notice defines a life settlement for its net death...

  • Market may outrun efforts to regulate viatical settlements.  // Best's Review / Life-Health Insurance Edition;Jan1999, Vol. 99 Issue 9, p70 

    States that the creation of a market to purchase life insurance policies of healthy individuals hinders the effort of the National Association of Insurance Commissioners to create a model law to govern viatical settlements. Confusion of insurance commissioners regarding viatical settlements;...

  • viatical:. Huber, Jeffrey T.; Gillaspy, Mary L. // Encyclopedic Dictionary of AIDS-Related Terminology;2000, p221 

    A definition of the term "viatical" is presented. It refers to a financial settlement in which a person suffering from a terminal illness sells or transfers ownership a life insurance policy to a person or a company, getting a percentage of the face value of the policy in exchange. Before the...

  • Are Life Settlements Worthwhile? Skar, John R.; Levine, Jeffrey R. // Financial Planning;Oct2003, Vol. 33 Issue 10, p26 

    Discusses the value of life settlements for consumers. Limitation of the service that financial professionals may give to clients; Typical advice of a life settlement broker regarding life insurance policy; Reason of an investor for buying the policy; Characteristics of life settlements.

  • Spinning Wheels. Piontek, Steve // National Underwriter / Life & Health Financial Services;5/7/2007, Vol. 111 Issue 18, p4 

    The author reflects on the process of creating model acts and regulations at the National Association of Insurance Commissioners (NAIC). He argues that although NAIC adopts to any number of model acts, it is the state legislatures who have to pass them. An overview of the debate brought by the...

  • A New Life for Life Settlement Deals. Colomer, Nora // Investment Dealers' Digest;11/6/2009, Vol. 75 Issue 42, p25 

    The article discusses the life settlement deals for the financial services industry in the U.S. It cites that the life settlement refers to senior settlement, a senior life settlement and a viatical settlement as it sells a life insurance policy. On the other hand, life settlement...

  • THE INVESTMENT. Elrod, Henry // Journal of the International Academy for Case Studies;2011, Vol. 17 Issue 8, p117 

    The article describes a case about viatical settlements in which a life insurance policy owner with a life-threatening illness agrees to receive compensation less than the expected death benefits of his policy in exchange for the transfer of ownership of the policy to a buyer. It cites the case...

  • Contentious Viatical Model Gets Unanimous Nod From NAIC Panel. Connolly, Jim // National Underwriter / Life & Health Financial Services;12/18/2006, Vol. 110 Issue 48, p7 

    The article reports on the adoption of an amended Viatical Settlements Model Act which is designed to stop the sale of life insurance policies for settling the contract by a key committee of the National Association of Insurance Commissioners in the U.S. According to Jim Poolman, North Dakota...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics