MBC's Viatical Settlement Program

A viatical settlement involves the purchase of a life insurance policy from someone who is terminally ill by a private purchaser, which allows the seller to use the money in any way he or she deems fit. People who are interested in viatical settlements are those afflicted with a terminal illness such as AIDS, cancer, leukemia, heart disease, ALS, Parkinson's and others, or are seniors who choose to sell their life insurance policies to use the money while still alive (referred to as Life Settlements). Mutual Benefits Corporation, one of the largest viatical companies in the country, has helped thousands of terminally ill people and senior citizens by offering a program that provides a practical solution for financial hardships. Often, the terminally ill or senior utilizes the money to provide upgraded medical care or to help fund a more comfortable lifestyle that they would otherwise not have if not for the sale of their life insurance policy. In addition, a viatical settlement gives terminally ill people and senior citizens the power to make important financial decisions about the remainder of their lives.

Purchasers are attracted to viaticals because they are humanitarian in nature and provide a real financial service for people in need. Viaticals are not a stock market product and offer fixed, total returns of up to 42% based upon estimated life expectancies of up to three years.1 Viaticals may also be used by IRAs, SEPs, and other pension programs. According to MBC's Vice President, Steven Steiner, "Potential purchasers of viatical settlements must conduct business with licensed agents that work with viatical companies that only fund life insurance policies that are beyond their contestability period, like Mutual Benefits Corporation." After reviewing other financial options, many individuals have re-assessed their risk to reward ratio by factoring in the dramatic reduction in the stock and bond markets, CDs, money market, annuities and recent savings account yields. Viaticals offer purchasers fixed, total returns. ¹

MBC's Life Settlement Program

The Mutual Benefits Corporation Life Settlement Program offers qualified senior citizens a chance to sell a life insurance policy to obtain a higher cash value than the cash surrender value offered by their insurer. This is a program which was developed for seniors who have current health complications and feel that they no longer need or desire a particular life insurance policy. A life settlement is the sale of a life insurance policy to an individual purchaser by someone who, at the present time, has health complications but is not considered to be at the terminal stage, differentiating it from a viatical settlement. Seniors who sell their life insurance policies for cash reduce their premium payments to zero. Many seniors choose to purchase long term care, give cash gifts to family members, reduce or eliminate debt, make charitable gifts, seek finer medical care, or travel the world, to name a few options. MBC is equipped to help our senior clients obtain the financial security that they need to live out the rest of their lives.

Purchasers of life settlements may receive a fixed, total return of up to 72% and are based on four to six year estimated life expectancies. Like viatical settlements, life settlements are not a stock market product and may be considered by IRAs, SEPs, and other pension plans.

Mutual Benefits Corporation

Mutual Benefits was incorporated in Ft. Lauderdale, Florida in 1994 and has worked closely with thousands upon thousands of individual purchasers of viaticals. We are an active member of the Viatical and Life Settlement Association of America and have helped thousands of terminally ill individuals and senior citizens all over the country by offering a program that provides a practical solution for financial hardship. From the outset, Mutual Benefits has funded only non-contestable policies. An MBC purchaser can choose the services of Viatical Services, Inc. (VSI) which has set up an infrastructure to track the medical and emotional progress of thousands of viators, and they offer a host of services to help enhance the quality of their lives. Mutual Benefits Corporation believes it is licensed in more states than any other viatical company that funds policies through individual investors.

For further information on our Viatical Settlement Program or our Life Settlement Program, please call 1-800-896-7990, or contact us here.

1. Fixed, total returns are not annualized returns; any annualized return will vary based upon the actual life span of the insured. Consult your financial advisor. This is not an offer to sell, an offer to purchase, or a solicitation for purchase or sale of viatical or life settlements. Not available in all states.