adjective. Of or relating to traveling, a road, or a way.

adjective. Of or relating to a contractual arrangement in which a business buys life insurance policies from terminally ill patients for a percentage of the face value.

adjective. Of or pertaining to a journey; viatic

adjective. Describing the purchase of an insurance policy from a holder who is terminally ill

adjective. pertaining to the purchase of insurance policies from terminally ill policy holders

"A life settlement sometimes called a "viatical settlement" or even "senior settlement" originates when a life insurance policyholder, often an elderly or terminally ill person, sells his or her interest in the policy to a third party, usually at a level that's well below the policy's stated death benefit."

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