Sentences with phrase «called viaticals»

This arrangement is called a viatical settlement.

This arrangement is called a viatical settlement.

A similar transaction, called a viatical settlement, is only for those with a terminal illness who expect to live another 24 months or less.

Viatication, also called a viatical settlement or life settlement, can also be used when the policyholder no longer wants the life insurance policy for any reason, even if he or she is not terminally ill.

There are companies called viatical investment companies which will buy your life insurance policy for a percentage of it's death benefit value thereby allowing you to have money to pay medical expenses etc, easing your financial burden.