Who is a person, other than a viator, that enters into a viatical settlement contract?

In a viatical settlement contract, a provider is the individual or entity that enters into the contract with the viator (the person who sells their life insurance policy). The provider typically purchases the policy, agreeing to pay the viator a lump sum that is less than the death benefit but more than the cash surrender value of the policy. The provider then assumes responsibility for paying the premiums and ultimately receives the death benefit when the viator passes away.

In this context, it's important to understand the roles of the other terms. The purchaser usually refers to someone who buys the policy from the provider after it has been acquired from the viator, while the effectuator is not a common term used in viatical settlements and likely refers to a mediator or facilitator, which is not the primary role in this situation. The broker, while valid in the insurance world, functions to connect viators with providers but is not the party that enters into the contract in question. The provider's role is central to the structure of the viatical settlement, making it the correct answer in this scenario.