The NYSE AMEX Equities Stock Market is open from Monday through Friday 9:30 a.m. to 4:00 p.m. ET. RightLine readers are reminded of all upcoming stock market holidays. They also know how to make money with this stock market holiday calendar. Find out what subscribers say about the RightLine Report ...
A viatical settlement is a contractual agreement to provide a life insurance policyholder immediate cash in exchange for the sale and transfer of life insurance policy ownership rights.
If any portion of a death benefit under a life insurance contract on the life of a terminally or chronically ill insured is sold or assigned to a viatical settlement provider, the amount paid for the sale or assignment will be treated as an amount paid under the life insurance contract by reason of the insuredâs death.