reply to this discussion post in essay form Class and Professor, 1)Take a position on whether you support or oppose viatical insurance. Viatical insurance or viatical settlements allow terminally ill policyholders to sell their life insurance policy for immediate cash. This is beneficial by providing the ill policyholder immediate cash for any financial burden, relief from ongoing premium payments, along with possibly adding quality of life in minimizing financial related stress. I can understand and acknowledge the benefits of a terminally ill policyholder selling their insurance. Although I can see the positives, I will have to oppose viatical insurance. The first dilemma I see with this sale is the fact that you are only getting a small portion of your overall life insurance. Even though it is "quick cash", you would be forfeiting any benefits for your beneficiaries. At the time of your passing, your beneficiary could use your life insurance to cover those medical bills or financial burdens that were present. If the insured passes away before initially expected, would it have been more beneficial for your beneficiary to have received the full amount? In a situation where the policyholder would actually recover from their illness, their life insurance is now gone and is no longer insured. A viatical settlement also comes with potential fraud. A policyholder would really have to be thorough in this legal decision. It would be in their best interest to have an experienced attorney to advocate for their case. There is a risk of being treated unfairly or unethically. In my