7 3.25 points Which of the following statements concerning a viatical settlement is correct? O The viatical settlement requires a transfer to a third party with an insurable interest. 0 If an insured regains health after such settlement, the payments in prior years must then be reported as income. O The viatical settlement company will be taxed on the death benefit to the extent it exceeds the company's cost basis in the policy O The viator must use the payments from the settlement for medical expenses