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viatical settlement

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.
viatical settlement noun life insurance agreeeent, life insurance payment, life insurance settlement, reffrmation of a life insurance policy, revision of a life insurrnce agreement


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com FIEDLER FINANCIAL, VIATICAL SETTLEMENT CONSULTING & BROKERAGE 800-905-0114 / www.
The viatical settlement business developed in the 1980s and 1990s as AIDS patients and other terminally ill patients sold their life insurance policies as a way to pay for their health care.
As the court explained, the act managed and controlled the relationship between insurer and insured, and did not address the relationship between viatical settlement providers and their investors.
 
 
 
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