viator

(redirected from Viators)
Also found in: Dictionary, Financial.

viator

(vī′ă-tŏr)
An individual, usually one with a terminal illness, who sells rights to his or her insurance policy in exchange for an antemortem benefit collection.
References in periodicals archive ?
Once a medical underwriter has obtained all of the viator's medical records, it can generate a preliminary estimate of the insured's life expectancy and thereafter issue a final report.
The viatical settlement contract is the key legal document between the viatical settlement provider and the viator. It contains the price to be paid to the viator for the policy and other important terms and conditions of the sale, including those dealing with mandatory disclosures, the viator's right to rescind the contract, and post-closing contact with the insured for health status updates.
(4) By statute, the department must reject any viatical settlement contract or related form that is unreasonable, contrary to the public interest, discriminatory, or misleading or unfair to the viator. (5) As part of the form approval process, the department requires that each form have a unique number in the lower left hand corner.
Florida law also requires that, before entering into a viatical settlement contract with aviator, the viatical settlement provider must also first obtain a witnessed document in which the viator:
In sum, Florida's Viatical Settlement Act represents an attempt to regulate the viatical trade through strict licensure of brokers, providers, and sales agents, while mandating specific disclosures for the benefit of purchasers and viators. The act is modeled after the NAIC's model act on viatical settlements and is thus uniform in many respects to viatical regulations in other states.
How can Florida lawmakers and regulators do more to maintain public confidence in viaticals as an investment, provide for competent industry professionals, and protect viators in the process?
For example, a loophole in the present act may be jumbo viaticals, in which the viators are healthy, mature adults with outsize insurance policies.
Viator (11-6) with 13 points and Solimene scored all 8 of her points in the final two quarters while finishing with 4 assists, 6 rebounds and a blocked shot.
The 5-foot-5 DePauw recruit flipped a perfect behind-the-back pass to classmate Maddie Fitzpatrick, who finished the fastbreak layup that gave Viator its biggest lead of the game (20-13) until the final minute.
But Viator did not allow another point and the Lions pulled away with 4 free throws by Solimene, a rebound layup by Clark and free throw from Mueller.
Viator (7-1, 2-0) a 17-15 lead with 7:07 left in the first half.
Viator ahead, scored on a basket and a free throw for a 42-36 Lions lead with 3:22 remaining.