What is another word for viaticals?
Pronunciation: [vˈa͡ɪətˌɪkə͡lz] (IPA) 
Viaticals are financial assets that allow investors to purchase the life insurance policies of individuals who are terminally ill. These policies are commonly sold to investors at a discount rate, which enables them to profit when the policyholder passes away. However, the term "viaticals" is not widely used in the financial industry. Alternative synonyms for viaticals include life settlements, senior settlements, and death benefits. Life settlements and senior settlements refer to the sale of life insurance policies by seniors to investors, while death benefits are payments made by a life insurance policy to the policyholder's beneficiaries after their death. Ultimately, all of these terms refer to the same financial concept of investing in life insurance policies for profit.
