We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business use.
Click "here" to read our Cookie Policy. By clicking "Accept" you agree to the use of cookies. Read less
Read more
Accept
Loading
Form preview
  • US Legal Forms
  • Form Library
  • More Forms
  • More Multi-State Forms
  • Application For Licensure As A Viatical Settlement ...

Get Application For Licensure As A Viatical Settlement ...

Seq. Additional information may also be required by the Commissioner of Banking and Insurance as deemed necessary in the course of reviewing the information submitted. Submit the application, including all of the items identified on the VIATICAL SETTLEMENT PROVIDER LICENSING APPLICATION CHECKLIST, in a threering hard cover binder that identifies the submission on the front and spine of the binder to the: New Jersey Department of Banking and Insurance Division of Life & Health Viatical Settlemen.

How it works

  1. Open form

    Open form follow the instructions

  2. Easily sign form

    Easily sign the form with your finger

  3. Share form

    Send filled & signed form or save

How to fill out the APPLICATION FOR LICENSURE AS A VIATICAL SETTLEMENT PROVIDER online

Completing the Application for Licensure as a Viatical Settlement Provider can be a straightforward process when you follow the appropriate steps. This guide will provide you with clear instructions on how to fill out the application form online effectively.

Follow the steps to complete the application with ease.

  1. Press the ‘Get Form’ button to obtain the Application for Licensure as a Viatical Settlement Provider and open it in the online editor.
  2. Complete the application cover sheet by entering your organization's name, physical address, mailing address, and contact information, including phone number and email address.
  3. Choose the type of application (initial) and state any relevant brief descriptions of changes if applicable.
  4. Provide detailed organizational information, selecting from options such as sole proprietor, corporation, or LLC, and include applicable state and federal identifiers.
  5. Compile all necessary supporting documents as outlined in the checklist, ensuring each item is numbered according to its requirement, and prepare them for submission.
  6. Certify that all individuals involved with your organization have not misrepresented any facts and are adhering to the legal standards expected in the viatical settlement industry.
  7. After filling in all sections and ensuring accuracy, save your changes. You may have the option to download, print, or share the completed form as needed.

Begin your application process online today to secure your licensure as a viatical settlement provider.

Get form

Experience a faster way to fill out and sign forms on the web. Access the most extensive library of templates available.
Get form

Related content

APPLICATION FOR LICENSURE AS A VIATICAL ...
Complete the application cover sheet and provide responses to all items with supporting...
Learn more
N.Y. Comp. Codes R. & Regs. Tit. 11 § 380.3...
(b) A viatical settlement company shall submit with the application for a license, a...
Learn more
Standards for Privacy of Individually Identifiable
Form, filing, and service of papers . . . . . . . . . . . . . . . . . . . . . . . . . ....
Learn more

Related links form

Employee Declaration Form - FayeBSG 2014 Wholesale Order Form - Thames & Kosmos Orthopaedic Reconstruction And Trauma Price List - Smith & Nephew YAAC: The Development Of "Yet Another APRS Client", An Open ...

Questions & Answers

Get answers to your most pressing questions about US Legal Forms API.

Contact support

In a viatical settlement, the insured has a life expectancy of two years or less. The investor in a viatical settlement pays all future premiums left on the life insurance policy and becomes the sole beneficiary of the policy when the insured dies.

NOTE: Once a policyholder receives settlement funds, he or she has a “10-day free-look period” in which to change his or her mind and cancel the settlement. The settlement funds must be returned to the viatical provider in order to cancel the viatical settlement under the free look provision.

Life Settlement Provider License Renewal The term for the Life Settlement Provider license is one year.

A. Each viatical settlement provider shall file with the commissioner on or before March 1 of each year an annual statement containing such information as the commissioner may prescribe by regulation. Such information shall be limited to only those transactions where the viator is a resident of this state.

To be eligible for a viatical settlement, the policyholder must be terminally ill or chronically ill with a life expectancy of fewer than two years. Most types of policy types qualify for a viatical, including term life. The average payout of a life insurance sale is 4-6 times the policy's cash surrender value.

Many state insurance commissioners license the companies that buy viatical settlement to sell to investors and may have information about a specific company or viatical settlements in general.

Typical viatical settlements sell for 50-70% of the death benefit value.

A viatical settlement provider is the person or company that buys the life insurance policy. The viatical settlement provider becomes the policy owner, must pay any premiums that are due, and eventually collects the full amount of the death benefit from the insurance company.

Get This Form Now!

Use professional pre-built templates to fill in and sign documents online faster. Get access to thousands of forms.
Get form
If you believe that this page should be taken down, please follow our DMCA take down processhere.

Industry-leading security and compliance

US Legal Forms protects your data by complying with industry-specific security standards.
  • In businnes since 1997
    25+ years providing professional legal documents.
  • Accredited business
    Guarantees that a business meets BBB accreditation standards in the US and Canada.
  • Secured by Braintree
    Validated Level 1 PCI DSS compliant payment gateway that accepts most major credit and debit card brands from across the globe.
Get APPLICATION FOR LICENSURE AS A VIATICAL SETTLEMENT ...
Get form
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232