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Viatical settlement

Definition

A type of investment in which investors purchase an interest in the life insurance policy of a terminally ill person, and continue to pay the insurance premiums for said policy until the person’s death, upon which the policy benefits are paid out to the investors.

Related Rules


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Securities and Exchange Commission v. Life Partners, Inc.


Mauris finibus odio eu maximus interdum. Ut ultricies suscipit justo in bibendum. Sed eu magna efficitur, luctus lorem ut, tincidunt arcu. Praesent varius sit amet erat hendrerit placerat. In posuere eget ante id facilisis. Integer semper venenatis felis lacinia malesuada.

SEC v. Mutual Benefits Corp.