viatical
/vaɪˈætɪkəl/
adjective
- Relating to a viatical settlement, in which a terminally ill person sells their life insurance policy for a lump sum of cash.
- The viatical industry helps patients access money while they are still alive.
- She learned about viatical settlements from a financial advisor.
- Viatical contracts must be carefully reviewed to protect the seller's interests.