What We Do
A Viatical and/or Life Settlement is the sale to a third party of an existing life insurance policy for more than its cash surrender value but less than its net death benefit.
The value of a life insurance policy is determined by a number of factors, including, but not limited to, the age and medical condition of the insured, type of insurance policy, rating of the issuing insurance company and amount of premium payments to keep the life insurance policy in force.
Most types of life insurance policies can qualify, however, the most common are Universal Life, Whole Life, and convertible Term Life.
Ohio Life Settlements LLC provides the relationships and education you need to value your life insurance policy.