Definition of "viaticals" []

• Life insurance policies which are sold at a discount to the face amount, or death benefit, of people who have been medically determined to have life expectancies (L/E's) of less than two (2) years to live. (noun)

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• "The whole concept of viaticals is uncomfortable to me -- it's like another form of predatory loan -- and I'm glad you tackled it."
• "He attended a seminar on "viaticals," a strategy popular in the early 1990s that was tailored to terminally ill AIDS patients wanting to sell their life-insurance policies."
• "Fraud and investigations of alleged fraud in viaticals have happened in Vermont, Ohio, Maryland and other states."