Series 65: Viatical Settlement

Taken from our Series 65 - NASAA Uniform Investment Advisor Law Exam

Definition of the term Viatical Settlement...

an investment in another person's life insurance policy. In a viatical settlement, an investor purchases another person’s life insurance policy at a price that is more than the cash surrender value of the policy, but less than the death benefit. When the insured person dies, the investor collects the death benefit.

Since you're reading about Series 65: Viatical Settlement, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 65
Please Enable Javascript
to view this content!