The word "viatical" refers to something related to a person who is terminally ill and has sold their life insurance policy for immediate cash. Full definition
Viatical companies WILL also take term insurance policies. (thedigeratilife.com)
This combination of events caused a surge in viatical settlements as both investors and viators saw an opportunity for mutual benefit. (en.wikipedia.org)
National broker providing life settlements and viatical life insurance settlements to senior policyholders and financial professionals. (realestatekey.com)