Viatical settlements, or life settlements, are done when people have a terminal illness. In such a case, the person will sell their life insurance policy to obtain ready to use cash.
First answer (rare usage):a traveller. Plural: viatores. Etymology is c. 16th century, from Latin, viare: to travel. Source: English Collins Dictionary - English Definition & Thesaurus.Second answer:Viator is a city in the Almeria Province of Andalusia (Andalucia), Spain.Third answer:See viator-1(categories: Insurance, Finance and Investments; related terminology: viatical settlements; insurance policy assignments; discounted sales of insurance policies).
It would mean you could get term life insurance with no medical exam. Term life insurance only protects you till a certain age.
life insurance
Google the types of life insurance first. You need to learn a little about life insurance. The terms you are using and spelling are weird. Most people use cash value insurance to describe a type of life insurance.I do not really understand what you mean but, from my experience, I can only guess that by life insurance you mean term life insurance. If that is the case, then, in most situations, term life insurance has lower premiums than cash value life insurance (whole life, universal life...). Be well! mcdlife.com
Group Term Life (life insurance)
There are so many professing to be the cheapest. Cheap does not necessarily mean best
Life Insurance means protection in the event of loss of life of the main bread winners of the family, so that the family is not washed away by the eventuality .
Group Term Life (insurance) It's your accidental death and dismemberment insurance.
An insurance policy that pays a monetary benefit to the insured person's survivors after death.
Some jobs that a prospective employee can get at American General Life Insurance are typical insurance jobs. This would mean there is not much selection. They would be sales agent and insurance advisor.
Some health insurance plans offer a AD&D Life Insurance Policy. That is why you would name a beneficiary for a health insurance company.
What do you mean "Sell" the life insurance policy? Once it is back in force and you are the owner, you can cash it in at any time if there is in fact a cash value. I guess you would have to better define what you mean by selling it.