Learn about viatical settlements in life insurance, where terminally ill policyholders receive a portion of death benefits ahead of time by transferring policy rights.
Learn about viatical settlement companies, how they assist insurance companies in settling with policyholders who are terminally ill, and the importance of viatical settlements in life insurance.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.