When must a viator or insured receive a disclosure statement?

A. Before he has been asked to sign any documents and when the settlement is signed by all parties
B. Before he or she is asked to sign any documents
C. At the time the viatical settlement is signed by all parties
D. No more than 10 days after the settlement is in effect



Answer :

Final answer:

A viator or insured must receive a disclosure statement before being asked to sign any documents to ensure transparency and clarity in the viatical settlement process.


Explanation:

A viator or insured must receive a disclosure statement before he or she is asked to sign any documents. This ensures that the individual is informed about the terms and conditions of the viatical settlement before committing to it. The disclosure statement is crucial for transparency and clarity in the viatical settlement process.


Learn more about Viatical settlements here:

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