VIATICAL LIFE SETTLEMENT MEANS THIRD PARTY BUYING THE INSURANCE POLICY OF THE INSURED AT A PRICE HIGHER THAN ITS SURRENDER VALUE BUT LOWER THAN ITS DEATH BENEFIT .
viatical company is the company which does this activity as its main operation .
the people selling get better deals of their life insurance , and enhanced quality of life during their final years.
the viatical brokers find and make such deals happen.
i would like to know which entities do this work in india ?
FYI :- i have already googled & for some strange reason it omitted INDIA out of its search results .
thank you