A diagnosis of multiple myeloma can bring not only medical decisions — but financial ones. Treatment advances have improved outcomes, yet care can be complex, ongoing, and expensive.

If you or a loved one is navigating multiple myeloma and owns a life insurance policy that is no longer needed — or has become difficult to maintain — a life settlement may offer a way to access cash without taking on debt.

This guide explains how life settlements work, how they compare to other options, and when they may be worth exploring.

Understanding The Financial Impact Of Multiple Myeloma

Multiple myeloma is a cancer of plasma cells that typically affects older adults. According to the American Cancer Society, the average age at diagnosis is around 69, and thousands of new cases are diagnosed in the United States each year.

While treatment outcomes have improved significantly in recent decades, therapies can include:

• Chemotherapy and targeted drug therapy
• Immunotherapy
• Stem cell transplants
• Ongoing maintenance treatment

The National Cancer Institute notes that newer therapies have extended survival — but often involve substantial cumulative costs over time.

Even with Medicare coverage, patients may face:

• Out-of-pocket medication expenses
• Travel for specialty care
• Supplemental insurance premiums
• Lost income or reduced retirement savings

For some families, accessing additional liquidity becomes part of the conversation.

What Is A Life Settlement?

A life settlement allows a policyholder to sell their life insurance policy to a licensed provider in exchange for a lump-sum cash payment.

Instead of surrendering the policy to the insurance company for its cash value — which may be relatively low — a life settlement may provide significantly more than the surrender value, depending on age, health status, and policy details.

After the sale of your life insurance policy

• The buyer assumes future premium payments

• The buyer becomes the beneficiary

• You, the policyholder receives immediate cash

For individuals living with multiple myeloma, this option is often referred to as a viatical settlement, a form of life settlement available to those with serious health conditions.

Why Multiple Myeloma Patients May Explore A Life Settlement

A life settlement may be worth evaluating if:

• You are 65 or older (or younger with qualifying medical changes)

• Your policy has a face value of $100,000 or more

• Premium payments are placing strain on cash flow

• Your original estate planning goals have shifted

• You need funds for medical care, living expenses, or quality-of-life priorities

According to industry research from Life Insurance Settlement Association (LISA), life settlements can provide an alternative to lapsing a policy — helping policyholders unlock value from an asset that might otherwise go unused.

How The Life Settlement Process Works With LifeRoc

At LifeRoc, the process is designed to be fast and simple:

1️. Fat & Free Policy Appraisal

We can quickly evaluate your policy to determine if it may qualify and what it may be worth..

2️. Great Service & Offers

Through our large, leading network of funders who buy policies, eligible cases may receive one or more great offers.

3️.Life Settlement Closing And Funding

Once accepted, funds are typically distributed within days of closing.

There is no obligation to sell, and no third-party broker commissions — meaning you keep 100% of the gross offer.

Multiple Myeloma Support & Financial Assistance Resources

If you or a loved one has been diagnosed with multiple myeloma, the following national organizations provide trusted medical information, financial assistance programs, patient navigation, and caregiver support:

• Multiple Myeloma Research Foundation (MMRF)
  Provides research updates, patient education, clinical trial search tools, and personalized patient support services.
  https://themmrf.org
• International Myeloma Foundation (IMF)
  Offers educational seminars, support groups, financial planning resources, and treatment guidance.
  https://www.myeloma.org
• Leukemia & Lymphoma Society (LLS)
  Provides financial assistance programs, co-pay support, peer support services, and educational materials for blood cancer patients.
  https://www.lls.org
• CancerCare
  Offers free counseling, financial grants, transportation assistance, and co-payment assistance for cancer patients and caregivers.
  https://www.cancercare.org
• National Cancer Institute (NCI)
  A government resource offering comprehensive treatment information, statistics, and access to clinical trial databases.
  https://www.cancer.gov

These organizations can help patients and families better understand treatment options, manage out-of-pocket costs, and access support programs during care.

Why Families Turn To LifeRoc Direct For Life Settlements

When facing a serious illness, experience and execution matter. LifeRoc Direct helps individuals and families unlock the value of their life insurance policies. Families choose LifeRoc Direct because experience matters with:

• Over $20 billion in life insurance policies settled in our careers.
• A large, leading network of funders who buy policies and can deliver great offers.
• No third-party broker commissions, so 100% of the gross offer stays with the policyholder.
• A fast, straightforward process designed to be easy.
• Dedicated support from experienced policy experts who guide families every step of the way.

We handle the details so families can focus on care, time, and what matters most.

Speak With A LifeRoc Policy Expert Today

If you or a loved one is facing Multiple Myeloma and owns a life insurance policy, speaking with a policy expert can help you understand your options.

A free policy appraisal can help you learn:

• Whether your policy qualifies
• How much it may be worth in today’s market

There’s no obligation—just information, clarity, and support.

Speak With A LifeRoc Policy Expert Today To Find Out What Your Policy Could Be Worth.

Contact us today to learn more about your options. Fill out the form below or give us a call at (833)678-7355 —
our team is here to help you every step of the way.

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