viatical viatical  /ˌvaɪ ˈæ tɪ kəl/

Definition(s):

  • (adj) pertaining to the purchase of insurance policies from terminally ill policy holders

Derived Word(s)

Usage(s):

  1. A viatical is not another impotence wonder drug.
  2. Many viatical deals are marketed to seniors looking for a slightly better return on their retirement income.
  3. Gloria Wolk, chief consumer advocate for viaticals www.

News

  • The Motley Fool: Uncomfortable investments

    Viatical settlements involve buying a terminally ill person's life insurance policy. If someone is expected to live only three more years and needs cash to pay for medical bills or just to spend and enjoy, he might sell his life insurance policy. Many people are uneasy about investing in something that has them rooting for speedy deaths and against medical breakthroughs. Is it bad if a mutual ...
    on March 19, 2014     Source: Houston Chronicle

Word of the Day
indigent indigent
/ˈɪn dɪ dʒənt /