viaticals means 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 of less than two years. Lexicurio rates it Sui generis — a strength score of 98 out of 100.
Etymology
From Latin viaticum (“provisions for a long journey”).
noun
- 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 of less than two years.