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Meaning of "viatical settlement" in the English dictionary

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PRONUNCIATION OF VIATICAL SETTLEMENT

viatical settlement play
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GRAMMATICAL CATEGORY OF VIATICAL SETTLEMENT

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Viatical settlement is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES VIATICAL SETTLEMENT MEAN IN ENGLISH?

Viatical settlement

A viatical settlement 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 an 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 is unable to perform at least two activities of daily living, such as eating, using the toilet, bathing oneself, or dressing oneself; requires substantial supervision to protect himself or herself from threats to health and safety due to severe cognitive impairment; or has a level of disability similar to that described in 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.

WORDS THAT BEGIN LIKE VIATICAL SETTLEMENT

via media
viability
viable
viably
viaduct
Viagra
vial
vialful
viameter
viand
viands
Viangchan
Viareggio
viatica
viatical
viaticum
viator
viatorial

WORDS THAT END LIKE VIATICAL SETTLEMENT

advertisement
agreement
announcement
apartment
arrangement
basement
element
enforcement
engagement
implement
improvement
infringement
management
measurement
movement
placement
replacement
requirement
retirement
statement
supplement

Synonyms and antonyms of viatical settlement in the English dictionary of synonyms

SYNONYMS

Translation of «viatical settlement» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF VIATICAL SETTLEMENT

Find out the translation of viatical settlement to 25 languages with our English multilingual translator.
The translations of viatical settlement from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «viatical settlement» in English.

Translator English - Chinese

重大疾病结算
1,325 millions of speakers

Translator English - Spanish

acuerdos viáticos
570 millions of speakers

English

viatical settlement
510 millions of speakers

Translator English - Hindi

मार्ग का निपटान
380 millions of speakers
ar

Translator English - Arabic

تسوية viatical
280 millions of speakers

Translator English - Russian

Виатикал поселение
278 millions of speakers

Translator English - Portuguese

liquidação viatical
270 millions of speakers

Translator English - Bengali

বৈকল্পিক নিষ্পত্তি
260 millions of speakers

Translator English - French

telle escompte
220 millions of speakers

Translator English - Malay

Penyelesaian viatical
190 millions of speakers

Translator English - German

viatical Siedlung
180 millions of speakers

Translator English - Japanese

道の決済
130 millions of speakers

Translator English - Korean

viatical 정착
85 millions of speakers

Translator English - Javanese

Pemukiman viatical
85 millions of speakers
vi

Translator English - Vietnamese

giải quyết viatical
80 millions of speakers

Translator English - Tamil

மாறுபட்ட தீர்வு
75 millions of speakers

Translator English - Marathi

विकिपीडिया
75 millions of speakers

Translator English - Turkish

Canlı yerleşim
70 millions of speakers

Translator English - Italian

insediamento viatical
65 millions of speakers

Translator English - Polish

viatical rozliczenie
50 millions of speakers

Translator English - Ukrainian

Віатікал поселення
40 millions of speakers

Translator English - Romanian

decontare viatical
30 millions of speakers
el

Translator English - Greek

viatical οικισμός
15 millions of speakers
af

Translator English - Afrikaans

viatical nedersetting
14 millions of speakers
sv

Translator English - Swedish

viatical uppgörelse
10 millions of speakers
no

Translator English - Norwegian

viatical oppgjør
5 millions of speakers

Trends of use of viatical settlement

TRENDS

TENDENCIES OF USE OF THE TERM «VIATICAL SETTLEMENT»

The term «viatical settlement» is used very little and occupies the 152.353 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Rarely used
29
/100
The map shown above gives the frequency of use of the term «viatical settlement» in the different countries.
Principal search tendencies and common uses of viatical settlement
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «viatical settlement».

FREQUENCY OF USE OF THE TERM «VIATICAL SETTLEMENT» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «viatical settlement» during the past 500 years. Its implementation is based on analysing how often the term «viatical settlement» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about viatical settlement

EXAMPLES

10 ENGLISH BOOKS RELATING TO «VIATICAL SETTLEMENT»

Discover the use of viatical settlement in the following bibliographical selection. Books relating to viatical settlement and brief extracts from same to provide context of its use in English literature.
1
Insurance Activities of Banks
That some or all of the proceeds of the viatical settlement may be taxable under federal income tax and state franchise and income taxes, and assistance should be sought from a professional tax advisor. That proceeds of the viatical settlement  ...
Karol K. Sparks, 2011
2
Elder Law
Viatical settlement refers to the sale of a life insurance policy to a individual or institution that will pay the insured a lump sum in return for being named the beneficiary under the policy. The insured may then use this lump sum for medical  ...
Jeffrey A. Helewitz, 2001
3
HIV, Aids, and the Law: Legal Issues for Social Work ...
For example, Vermont has the following disclosure requirements: A viatical settlement provider shall disclose the following information to the viator prior to the execution of the viatical settlement contract by the viator: ( 1 ) Alternatives to viatical ...
Donald T. Dickson
4
Federal Income Taxes of Decedents, Estates and Trusts
The remaining $4,000 ($10,000 - $6,000) is includible in income. If, instead of receiving a lump sum, Brown received per diem payments of $260 per day, the entire amount would be excludable, regardless of actual costs. A viatical settlement ...
CCH Editorial Staff Publication
5
Kiplinger's Personal Finance
He urged her to cash in her savings bonds and buy a viatical settlement — a life insurance policy that a terminally ill person sells to receive part of the death benefit early. The agent told Paxton she would earn a guaranteed 24% by investing in ...
6
The Advocate
As I look at all the ads for other viatical settlement companies and brokers, it has made me appreciate how different ViatiCare really is. Our company has one clear focus: to help you determine if viatical settlement (the sale of your life insurance ...
7
Cancer And Finances - Your Resource Book
How does a life settlement differ from a viatical settlement? A viatical settlement is the sale, assignment, transfer, or bequest of the death benefit or the ownership of a life insurance policy by the owner of the policy to a viatical settlement ...
Allen Freeman, Carrie Freeman, 2008
8
The Advocate
As I look at all the ads for other viatical settlement companies and brokers, it has made me appreciate how different ViatiCare really is. Our company has one clear focus: to help you determine if viatical settlement (the sale of your life insurance ...
9
The Advocate
As I look at all the ads for other viatical settlement companies and brokers, it has made me appreciate how different ViatiCare really is. Our company has one clear focus: to help you determine if viatical settlement (the sale of your life insurance ...
10
The Advocate
That company is ViatiCare Financial Services, L.L.C., and we are leading the way nationally in quality financial services for the terminally ill. As I look at all the ads for other viatical settlement companies and brokers, it has made me appreciate ...

10 NEWS ITEMS WHICH INCLUDE THE TERM «VIATICAL SETTLEMENT»

Find out what the national and international press are talking about and how the term viatical settlement is used in the context of the following news items.
1
How to make your life insurance work for you
•In a “viatical settlement,” a policyholder who is chronically or terminally ill receives immediate cash – less than the full amount of the death benefit –in exchange ... «Minneapolis Star Tribune, Apr 15»
2
Anthem Management, LLC Announces Acquisition, Formation of …
Life Insurance Buyers, Inc. has provided terminally ill patients with guidance on the brokerage of viatical and life settlements since 1995. Viatical settlements ... «Business Wire, Nov 14»
3
Why "Ban the Box" Is Not Enough
In the early 90s I received an AIDS diagnosis. I stopped working and went on disability; I also received two viatical settlements from insurance policies I had long ... «Huffington Post, Sep 14»
4
Asset Funding Corporation Upgrades Viatical Settlement Website
Asset Funding Corporation , a company that helps people with life-limiting illnesses, has recently launched an upgraded version of its original website. «Insurance News Net, Jun 14»
5
MFDA Hearing Panel accepts Settlement Agreement with Don …
by selling, referring or facilitating the sale of USI Corp. viatical settlements to at least 8 Sun Life clients and 10 other individuals in a total amount of $880,000, the ... «Canada NewsWire, Apr 14»
6
Tesh retires from Department of Insurance's criminal investigations
According to Investopedia, a viatical settlement is an arrangement in which someone with a terminal disease sells his or her life insurance policy at a discount ... «Asheboro Courier Tribune, Mar 14»
7
Cashing Out or Cashing In On Life Insurance – Life Insurance …
There are three parties to a life insurance plan; the beneficiary, the owner of the ... A viatical settlement is an arrangement where the owner of a policy sells the ... «NuWire Investor, Jan 14»
8
Cashing in on the death of others
But that is precisely what could happen when someone sells their own life insurance policy to a third party - a procedure known as a viatical settlement. «BBC News, Sep 12»
9
Are You Worth More Dead Than Alive?
In a transaction known as a viatical settlement (for terminally ill patients) or a life settlement (for everyone else), the person selling his insurance gets an ... «New York Times, Aug 12»
10
Weird Investing: Profiting on Death
Simply put, a viatical settlement investor buys someone's life insurance policy and profits in proportion to how quickly they die. (Another commonly-used name ... «MintLife Blog, Jun 10»

REFERENCE
« EDUCALINGO. Viatical settlement [online]. Available <https://educalingo.com/en/dic-en/viatical-settlement>. Apr 2024 ».
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