The purchase of a terminally ill person's life insurance policy for a certain percentage of the policy's face value.
Related information about viatical settlement:
- Viatical settlement - Wikipedia, the free encyclopedia
A viatical settlement (from the Latin "Viaticum") is the sale of a policy owner's existing life insurance policy to a third party for more than its cash surrender value, ...
- Viatical Settlements - Securities and Exchange Commission
May 21, 2004 ... A viatical settlement allows you to invest in another person's life insurance policy. With a viatical settlement, you purchase the policy (or part of ...
- Viatical Settlement Definition | Investopedia
An arrangement in which someone with a terminal disease sells his or her life insurance policy at a discount from its face value for ready cash. The buyer cashes ...
- Viatical Settlements | What is a Viatical Settlement?
Financial agreement between a person who owns a life insurance policy and an investor.
- Life Settlements at American Viatical: Viatical Settlements, Life ...
A viatical settlement can offer terminally ill insureds financial solutions for severe ... As viatical settlement brokers, our approach involves listening, then advising.
- Viatical Settlements - Quackwatch
Aug 16, 2000 ... If you have a terminal illness, you may consider selling your insurance policy to a viatical settlement company for a lump sum cash payment.
- viatical settlement - The Free Dictionary
(Business / Insurance) the purchase by a charity of a life assurance policy owned by a person with only a short time to live, to enable that person to use the ...
- Viatical Settlements - Growth House
Most viatical settlement companies pay a lump sum typically up to 75% of the face value of your policy ... The viatical settlement industry got started in the 1990's.