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- Q7924540 subject Q7013044.
- Q7924540 subject Q8549937.
- Q7924540 abstract "A viatical settlement (from the Latin "viaticum") is the sale of a policy owner's existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit. Such a sale provides the policy owner with a lump sum. The third party becomes the new owner of the policy, pays the monthly premiums, and receives the full benefit of the policy when the insured dies."Viatical settlement" typically is the term used for a settlement involving an insured who is terminally or chronically ill. A person generally is chronically ill if the person (1) is unable to perform at least two activities of daily living, such as eating, using the toilet, bathing oneself, or dressing oneself; (2) requires substantial supervision to protect himself or herself from threats to health and safety due to severe cognitive impairment; or (3) has a level of disability similar to that described in (1) as determined by the U.S. Secretary of Health and Human Services. A person generally is terminally ill if the person has an illness or sickness that can reasonably be expected to result in death within two years.As medical advancements improved the lives of those persons living with terminal or chronic illnesses, the life settlement industry emerged.".
- Q7924540 wikiPageWikiLink Q11201.
- Q7924540 wikiPageWikiLink Q1211.
- Q7924540 wikiPageWikiLink Q1214.
- Q7924540 wikiPageWikiLink Q12199.
- Q7924540 wikiPageWikiLink Q1370.
- Q7924540 wikiPageWikiLink Q1456.
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- Q7924540 wikiPageWikiLink Q1614849.
- Q7924540 wikiPageWikiLink Q173.
- Q7924540 wikiPageWikiLink Q2136701.
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- Q7924540 wikiPageWikiLink Q2305968.
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- Q7924540 wikiPageWikiLink Q30.
- Q7924540 wikiPageWikiLink Q360574.
- Q7924540 wikiPageWikiLink Q49241.
- Q7924540 wikiPageWikiLink Q5247302.
- Q7924540 wikiPageWikiLink Q626608.
- Q7924540 wikiPageWikiLink Q6372272.
- Q7924540 wikiPageWikiLink Q6800170.
- Q7924540 wikiPageWikiLink Q7013044.
- Q7924540 wikiPageWikiLink Q7889823.
- Q7924540 wikiPageWikiLink Q812.
- Q7924540 wikiPageWikiLink Q8549937.
- Q7924540 wikiPageWikiLink Q953944.
- Q7924540 comment "A viatical settlement (from the Latin "viaticum") is the sale of a policy owner's existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit. Such a sale provides the policy owner with a lump sum.".
- Q7924540 label "Viatical settlement".