Significant income potential              

We offer very competative commision schedule, for you, and your sub agents.

Superior client tracking

We will ensure you receive accurate fees, within a week from when your clients get paid.

Mass media marketing support

For ten years we have advertised extensively to ensure awareness of our services. This will help you also with name recognition as you market viatical settlements.

Customer satisfaction

By working with Individual Benefits, you can be assured of a satisfied client. We are proud of our impecable reputation in the Viatical industry.

If you have a client living with a severe illness, who is covered by an existing life insurance policy, we can probably help.  Whether  they  are HIV+, have AIDS, or are living with cancer, with a life expectancy of less than 5 years, we can offer up to 85% of the face value of a qualified life insurance policy.

Give us a call. That is all you need to do to earn your commission. We will take it over from there.

1-800-800-3264

(ask for our marketing department)

If you are interested in marketing our product, we will train you and supply you with all materials and know-how. We will also supply you with easy registration forms so that we can track your commissions and ensure that you are the sole supplier of our services to your clients.

Our product is a perfect addition for any employee benefit outline, and you can offer it free to any benefit administrator. All you do is make the information available to the benefit administrator.

• Cancer Organizations
• Insurance Agencies
• Estate Planning Professionals
   

Something great happened on August 3th, 1996.

Individual Benefits, with the help of the Viatical Association of America, has successfully lobbied for tax-free viatical settlements for “viators” who want to take advantage of this legal option.  Both  houses of Congress approved legislation to eliminate   federal income tax on the proceeds of viatical settlements.

President Clinton has  signed the bill which went into effect January 1st, 1997. Settlements which close after that date qualify, given two stipulations; first, the viator has to be certified as terminally ill-- that is, have a life expectancy of 24 months or less at the time of the transaction; second, if a viator's resident state requires providers to be licensed, only transactions by licensed viatical settlement companies will be tax free.

All you need to do to be able to offer our services to your clients, is fill out the our online application form and send it to us. We simply need some basic information about your organization.After receiving your application we will contact you within two weeks regarding any questions you might have.

The Viator contacts a us and informs us of his/her desire to sell his/her policy. During this period the viator may contact more than one broker.

Once the viator feels comfortable with our company, the viatical process will begin with the broker mailing the viator an application, accompanied by medical and insurance release forms.

Once the viator returns the requested information, we will verify insurance coverage, request medical records and prepare a package to present to potential viatical settlement funding sources on behalf of the viator. This initiates the bidding process and it is the responsiblity of the broker to provide a complete information package to the different funding companies so that these are able to make a fair and educated bid.

Once the bid has been given by a viatical settlement funding company, we will notify the viator of the bid. The viator will make the decision as to whether to accept the bid or not. If the viator chooses not to accept the bid, then we will continue to send out the viator's package to other funding sources until a satisfactory bid is accepted by the viator.

Once the bid is accepted, we notify the funding company of the viator's decision.

The viatical settlement funding company then draws up a viatical settlement contract stipulating the agreement reached with the viator, and sends this contract to the viator for his/her signature, along with the insurance company's change forms.

Once the viatical settlement funding company receives the completed and signed forms from the viator, the funding company deposits the funds in an escrow account. The viator should make sure that the transaction is being conducted through an independent third party  trustee or escrow agent before signing and returning the specified documents and insurance change forms.

If all other paperwork has been completed and received by the appropriate parties, immediately upon receiving the acknowledgement of change of ownership from the insurer, the escrow agent will release the settlement funds to the viator, usually within three business days.