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Viatical settlement   /vˌaɪˈætɪkəl sˈɛtəlmənt/   Listen
Viatical settlement

noun
1.
Cash derived from sale of an insurance policy by a terminally ill policy holder.
2.
Sale of an insurance policy by a terminally ill policy holder.  Synonym: viaticus settlement.





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Words linked to "Viatical settlement" :   settlement, advance death benefit, viaticus settlement, liquidation


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