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What is a "Viatical Settlement"?

A viatical settlement is defined as the sale or reassignment of life insurance proceeds to a third party at a discount. The word viatical derives from the Latin word viaticum that loosely translates into "a provision for a journey".  

In the days of the Roman Legions, a viaticum was the money and supplies given to officials before embarking on a journey.  A viaticum in the Christian religion is the communion administered to a dying person.  

Viatical Settlements offer the compassionate investor and attractive investment alternative that  is completely unattached to the stock market and not affected by the economy or inflation.

 

 


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