Tips For Potential Viators

Are you holding back from medical treatment, thinking this will give you a larger viatical settlement? Don't. It won't get you more money. Viatical providers take into account Investigational New Drugs (INDs) when they price policies. Even if you never took any and don't plan to, they expect viators will try anything that gives hope, and they price accordingly.
Was your policy resold by the viatical company? If so, you have no obligation to a second buyer -- unless you signed an agreement to extend obligations to future owners. This is like selling a car: If you sell the car to B and B resells it to C, you have no obligation to C.
Be sure to check with your insurer to find out if your policy includes Accelerated Death Benefits. If so, and if you qualify, you will get much more money -- and it will be paid faster. This applies to some group term life as well as individual policies.
Are you are a member of a Credit Union? Credit Unions may be a source of information about and referrals to licensed viatical providers.
Don't apply to only one viatical company -- even if the referral was made by your doctor, lawyer, insurance agent, social worker, or credit union. If you ignore this advice, you're likely to get thousands of dollars less.