Examples of Viatical settlement contract in a sentence
Viatical settlement contract issuers and registered agents of issu- ers must provide specific, written disclosures of risk to Iowa investors at the time of the initial offer to sell a viatical settlement contract.
Student’s knowledge can be assessed through recall, recognition, classification, comparison and discrimination of data and detection of errors.Teachers should know the preparation and use of various kinds of test items under the three main categories of essays, short answer and objective types.
The term does not include an34 attorney, accountant or financial planner retained to represent the35 viator whose compensation is paid directly by or at the direction of the36 viator.37 "Viatical settlement contract" means a written agreement entered38 into between a viatical settlement provider and a viator.
When used in this Chapter, unless the context otherwise requires:…(13) "Viatical settlement contract" means an agreement for the purchase, sale, assignment, transfer, devise, or bequest or devise of all or any portion of the death benefit or ownership of a life insurance policy or contract for consideration which is less than the expected death benefit of the life insurance policy or contract.
As used in this Article:…(11) "Viatical settlement contract" means a written agreement establishing the terms under which compensation or anything of value will be paid, which compensation or value is less than the expected death benefit of the policy, in return for the viator's assignment, transfer, sale, devise, or bequest or devise of the death benefit or ownership of any portion of the policy.