viatical settlement

(Pronunciation -تلفظ سنیۓ ) US:

Slow

Normal

Noun: viatical settlement

1. viatical settlement
Cash derived from sale of an insurance policy by a terminally ill policy holder
2. viatical settlement [ Synonyms: viaticus settlement]
Sale of an insurance policy by a terminally ill policy holder

Generic Words:

advance death benefit, liquidation, settlement

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