Despite the poor experiences of some investors, viatic comparisons remain an often valuable tool for the personal financial management of many sick people. A 2002 study showed that among palliative care counsellors who have experienced viatic implantations, most positive experiences are made.  Viatical Settlement: The sale of life insurance by the owner to a viatic billing provider for immediate payment of a percentage of the face value of the policy. An viatical regulation (from the Latin „viaticum“) is the sale of an insurance policyholder`s existing life insurance to a third party for more than its cash value, but less than its net currency of death.  Such a sale grants an amount to the owner of the policy.  The third becomes the new owner of the policy, pays the monthly premiums and receives the full benefit of the policy if the insured dies.  One of Viaticals` most famous cases involved mutual Benefits Corporation, led by Peter Lombardi, Florida, which had 28,000 investors and focused on paying HIV clients. In 2004, the Securities and Exchange Commission closed the company by stating that it participated in a $1 billion Ponzi program. Lombardi is now serving a 20-year prison sentence.
 There are a few basic rules for investments that you must respect before investing in a viatic agreement: in August 2008, Stephen L. Keller, former CEO of Kelco Inc., filed an application with the United States District Court for the Eastern District of Kentucky to dismiss Keller`s convictions for conspiracy, fraud and money laundering. Keller`s convictions stemmed from Kelco`s purchase and sale of life insurance, which in some cases had been falsified by third-party insurance agents for policyholders with HIV/AIDS claims, and then in a viatic settlement.  Keller`s application was denied on November 12, 2010. His appeal against this refusal was also dismissed on 28 February 2011.  An viatic regulation is an agreement by which a person suffering from a fatal or chronic illness sells his life insurance at a discount of his face value for the loan cash.