Tips For Potential Investors In Viatical Settlements

Are you thinking of using your IRA for viatical investments? Don't. No matter what viatical sales promoters tell you, life insurance as an IRA investment is prohibited by the Internal Revenue Code. And, if you have a self-directed IRA, you are fully responsible for investment decisions.
Are you thinking of buying a policy that is within the contestability period? Don't. If the viator committed fraud on the application and the insurer discovers this, you could be left with nothing more than a return of premiums.