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Viatical Settlement

Viatical Settlement Definitions

viatical settlement
1. [n] sale of an insurance policy by a terminally ill policy holder.
Synonyms
viatical_settlement viaticus_settlement
Related terms
Type of liquidation

viatical settlement
1. [n] cash derived from sale of an insurance policy by a terminally ill policy holder.
Related terms
Type of advance death benefit

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