Bonded life settlements give policyholders new options

By Mark P. Cussen Several years ago, life insurance policyowners began to hear about a new kind of product called viaticals. These arrangements had several disadvantages and received much bad publicity in the media. Then a new generation of life insurance settlements came along and, while considered to be better than viaticals, still were eyed dubiously by much of the investing public. But there is now a new kind of bonded life settlement that may be simpler and more profitable than its predec