Viator


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Viator

A dying person who sells his/her life insurance policy. The viator sells the policy at a deep discount (often as little as half) to its cash value. This is beneficial to the buyer because he/she receives a much larger amount when the buyer dies. This helps the viator pay for his/her medical expenses.
References in periodicals archive ?
Viator will play in the Purple Division of the CCL/ESCC.
Since it opened in January 2017, Viator House has housed over 40 young men from at least 15 countries and three continents; the house's capacity is a little over 20 at a time.
11 August 2014 - US online travel research firm TripAdvisor Inc (NASDAQ:TRIP) announced today the completion of its deal to acquire local research and booking resources website Viator Inc.
"Viator will be a great addition to the TripAdvisor family, as online and mobile bookings for attractions and activities represents a huge opportunity for our business," said Stephen Kaufer, president and CEO of TripAdvisor, Inc.
Viator features more than 20,000 bookable tours and attractions and more than 600,000 reviews, photos, and videos submitted by travelers.
Barrie Seidenberg, the company president and chief executive officer, said, 'The new Viator Shore Excursion platform builds on the increasing popularity of independent shore excursion bookings on Viator.com.
Medieval manuscripts, their makers and users: A special issue of Viator in honor of Richard and Mary Rouse.
Members of American program can now earn one mile per $1 spent at Viator.com on a range of travel and entertainment products, including theater tickets, sporting events, whale watching, walking tours, wine tasting, theme parks, museum tours, airport parking, and shuttle transfers to and from airports and hotels.
The owner of that policy, defined in the act as the "viator," sells the policy to a buyer, defined in the act as a "viatical settlement provider," pursuant to a written contract for sale defined in the act as a "viatical settlement contract." In Florida, all viatical settlements close in escrow pending transfer of title to the life insurance policy to the new owner.
The contracts were received by Lansforsakringar Skaraborg (SEK244,000) and Viator (unclear value).
The amount that the viator - the seller of the policy - receives depends upon his/her life expectancy.
M2 EQUITYBITES-July 25, 2014-TripAdvisor agres to acquire Viator