ALL meanings of viatical settlement
vi·at·i·cal set·tle·ment
V v - noun viatical settlement 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 0
- noun viatical settlement 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. 0