viatical

[vahy-at-i-kuhl, vee‐]
adjective
1.
of or pertaining to a viaticum.
2.
of or pertaining to a financial transaction in which a company buys life insurance policies from the terminally ill at less than their face value and may sell the policies to investors: viatical settlements.
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World English Dictionary
viatical (vaɪˈætɪkəl)
 
adj
1.  of or denoting a road or a journey
2.  botany (of a plant) growing by the side of a road
 
[C19: from Latin viāticus belonging to a journey + -al1]

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Example sentences
Viatical settlements involve the purchase of life their investment.
Explains when viatical settlement apply to pay for long-term care.
High commissions entice independent insurance agents to sell viatical
  settlements.
Viatical settlement companies will want to have control over the fraudulently
  procured policy.
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