viatical settlements

What Does Viatical Mean?

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What Does Viatical Mean? adjective. of or relating to a viaticum. of or relating to a financial transaction in which a company buys life insurance policies from the terminally ill at less than their face value and may sell the policies to investors: viatical settlements. What does viatical mean in English? adjective. of or relating

How Does A Viatical Settlement Work?

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How Does A Viatical Settlement Work? Viatical settlements allow life insurance policyholders to sell their policies to investors for an immediate cash benefit. In return, the buyer of the viatical settlement becomes the new owner of the life insurance policy, pays future premiums and collects the death benefit when the insured dies. How much do