viatical settlement

noun

The sale of an already existing life insurance policy for more than its surrender value to a third party investor.

Similar
life settlementviaticus settlement

Meanings

nounviatical settlement (plural viatical settlements)

plural viatical settlements

  1. businessThe sale of an already existing life insurance policy for more than its surrender value to a third party investor.

    Synonyms: life settlement

Synonyms & antonyms

nounThe sale of an already existing life insurance policy for more than its surrender value to a third party investor.

More synonyms by meaning

nounsale of an insurance policy by a terminally ill policy holder

Similar
viaticus settlement

Synonym sets from Open English WordNet, CC BY 4.0.

Cite this entry
APA

viatical settlement. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/viatical%20settlement

MLA

“viatical settlement.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/viatical%20settlement. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “viatical settlement,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/viatical%20settlement.

Source: viatical settlement on Wiktionary, CC BY-SA 4.0.