Viaticals in the Media
The television show 60 MINUTES said "it is the perfect no risk investment." They also explained that prior to the viatical industry, approximately 90% of terminally ill patients allowed their life insurance to lapse.

"While returns of 15% to 20% are typical for investors, the policies can sometimes result in a more spectacular payoff." - "Wall Street Journal"

" For terminally ill patients�the payoff is significantly higher - Financial peace of mind and dignity." John R. Brandt - Corporate Cleveland, "The Wall Street Journal", April 1993.

"Viatical settlement firms have emerged at least partly because the private and public sectors of insurance have failed to meet the health care needs of persons with AIDS�Viatical settlements represent a critical source for PWAs (People With Aids), and is demonstrative of an antiquated health care system content to stand still as AIDS patients struggle to make ends meet." - "Rutgers Law Journal", Autumn 1993

"Investors can reap returns of up to 25 percent a year, beating most stock funds�it's better than the alternatives." Mark Miller - "Newsweek", March 21, 1994

"�they're just as likely to give a terminally ill person a second lease on life." William Hoffman - "Small Business Journal", August 30, 1994

"Possibly the biggest selling point for the (viatical) industry is that the terminally ill themselves are among its biggest supporters. Whether they use the money for medicines and alternative therapies or splurge on a dream house or an exotic trip, few viators, as they are called, have regret. They say the cash fusion has taken their minds off death and disease." - "Associated Press", September 24, 1994

" Since 1988, when they were first offered to AIDS patients, viatical settlements have caught on, mainly because they allow a person who has been diagnosed with a terminal illness to tap his own money when it is most needed." - "Money", March 1995

"Some people cringe with philosophical concern about investing in a person's death. But the clients who have sold their policies say, at least now I'm not going to get evicted, said Pam Phares, a care coordinator at the Damien Center Inc., a local AIDS hospice."




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