Viatical Settlement Case Study

How a Viatical Settlement Transformed One Family’s Financial Reality When a Life Insurance Policy Becomes a Lifeline Instead of a Burden

Many individuals living with serious or chronic illness find themselves carrying not only the emotional weight of their diagnosis but also the heavy financial strain that accompanies long-term medical care. This was the experience of Mr. A, a 61-year-old Houston resident diagnosed with late-stage cancer. He owned a $500,000 universal life insurance policy—originally purchased to protect his family—but rising medical costs and increasing premiums made the policy difficult to maintain.

Like many policyholders, he believed his only choices were to continue paying high premiums, allow the policy to lapse, or surrender it for a fraction of its value. He had no idea that he might qualify for a viatical settlement, offering him immediate access to meaningful funds while still alive.

The Pain Points: What Serious Illness Costs That No One Talks About

● Escalating medical expenses

Cancer treatments, medications, and supportive care quickly exceeded what insurance covered.

● Premiums rising at the worst time

His universal life policy required increasing premiums he could no longer comfortably pay.

● Fear of leaving a financial burden

His greatest worry was leaving his spouse and children with medical bills and unresolved expenses.

● Limited awareness of alternatives

No one—not his insurer, employer, or care team—told him that his life insurance policy might hold significant market value.

These are extremely common challenges for individuals navigating serious illness, making viatical settlement education critical.

The Solution: A Viatical Settlement Through Exit Equity Concierge

When Mr. A reached out to Exit Equity Concierge, he received a confidential, no-obligation policy review. After assessing his policy type, health status, carrier, and premium structure, EEC confirmed that he met the criteria for a viatical settlement.

Why He Qualified:

• Confirmed life-limiting medical diagnosis
• Universal life policy with strong market value
• Premium strain and financial need
• Policy in good standing

Exit Equity Concierge guided him through every step of the process, coordinating underwriting, gathering documents, and ensuring that he and his family understood each option with full transparency.

The Outcome: Financial Relief, Stability, and Peace of Mind

Settlement Amount Received:

$325,000 lump-sum payment

How This Changed His Life:

• Covered outstanding medical bills
• Provided funds for in-home support and comfort care
• Allowed him to reduce stress and focus on meaningful time with family
• Prevented long-term debt for his spouse
• Enabled memory-making trips and experiences during his remaining time

The settlement did not erase the challenges of illness, but it created breathing room, dignity, and choice at a moment when families need it most.

Is a Viatical Settlement Right for You?

Viatical settlements may be a powerful option for individuals who are:

• Facing serious or chronic illness
• Struggling with high medical bills
• Unable to maintain rising premiums
• Considering surrendering or lapsing their policy
• Seeking financial relief during treatment or caregiving
• Wanting to secure their family’s stability

Not every policy will qualify—but many do.

Understanding your options is free, confidential, and pressure-free.

Before you surrender or lapse your policy, discover whether it holds market value.

Request your complimentary policy review today to see if you qualify.