Viatical settlements and accelerated life insurance , law homework help

This is a class discussion not an essay:Viatical settlements and accelerated life insurance benefits allowthe terminally ill elderly to sacrifice the quantity of their potentialpayout in an insurance agreement in order to obtain funds rapidly. Onone hand, this provides a mutually beneficial arrangement by which theelderly client can obtain funds he or she could not have acquiredotherwise. However, one could also criticize this exchange as one thatcapitalizes on the vulnerabilities of the terminally ill who lackresources.Please respond to all of the following prompts:How would you assess the ethical implications of these policies?How has government regulation strived to ensure that neither side of the equation is treated unjustly?Are these regulations effective? Why or why not?