viatical - Meaning in Hindi
viatical - Meaning in Hindi
Sorry, exact match is not available in the bilingual dictionary.
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Definitions and Meaning of viatical in English
viatical adjective
- pertaining to the purchase of insurance policies from terminally ill policy holders
Examples
- "National Viatical Association"
- "viatical business"
- "viatical companies"
Description
A viatical settlement is the sale of a policy owner's existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit. Such a sale provides the policy owner with a lump sum. The third party becomes the new owner of the policy, pays the monthly premiums, and receives the full benefit of the policy when the insured dies.
Also see "Viatical settlement" on WikipediaAlso See
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What is viatical meaning in Hindi?
The word or phrase viatical refers to pertaining to the purchase of insurance policies from terminally ill policy holders. See viatical meaning in Hindi, viatical definition, translation and meaning of viatical in Hindi. Learn and practice the pronunciation of viatical. Find the answer of what is the meaning of viatical in Hindi. देखें viatical का हिन्दी मतलब, viatical का मीनिंग, viatical का हिन्दी अर्थ, viatical का हिन्दी अनुवाद।
Tags for the entry "viatical"
What is viatical meaning in Hindi, viatical translation in Hindi, viatical definition, pronunciations and examples of viatical in Hindi. viatical का हिन्दी मीनिंग, viatical का हिन्दी अर्थ, viatical का हिन्दी अनुवाद
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