Meaning Of The Word Viatical settlement
What's the definition of Viatical settlement? Find Viatical settlement meanings, definitions and more at the Real Dictionary online.
Viatical settlement Meaning
| Viatical settlement Definition |
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What's The Definition Of Viatical settlement?
viatical settlement in British English
noun: 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 proceeds during his or her lifetime viatical settlement in Insurance noun: In a viatical settlement, a third party buys a life insurance policy owned by a person with only a short time to live, so that the person can use the proceeds during their lifetime. |
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