Which of the following statements is correct regarding the difference between a living benefits rider (i.e., accelerated death benefit) and a viatical settlement?

a. The viatical settlement is only available if the person has a terminal illness, with a life expectancy less than 2 years.

b. The livings benefits rider is available to policyholder who are terminally or chronically ill, even if the life expectancy exceeds two years.

c. No further premium payments need to be made by the policy owner once the accelerated death benefit (living benefit) is received.

d. Advanced payments from either a living benefits rider or viatical settlement generally represent tax-free income to the insured person.