So What is Really A Viatical Settlement?
Definition of the viatical settlement death insurance policy explained. This policy is a arrangement between the person having a terminal illness, trying to make a quick cash from their life insurance policy by selling it to investors or third party company. Usually it is for less then its full value and has to be done with while the policy holder is still alive but has been diagnosed with terminal disease.
So basically this sums it all up about defining this term for anyone that was interested to know what viatical settlement is and we hope answered all your questions accordingly.