The Unique Finance Blog

Structured settlements are structured cash payments through an annuity system that is established to compensate injury victims for their losses. Structured settlements are also helpful with people who may have temporary or permanent disabilities, illegal death, serious injuries, or any other problem that results in the effect of the main wage earner of the household.

Viaticum is the Eucharist given to a person on the verge of death, or to one who is facing a possibility of death. It is no wonder, then, that this Latin word would be the root of the term – Viatical Settlement.