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JAMES J. DONELSON COMMISSIONER OF INSURANCE STATE OF LOUISIANA P.O. Box 94214 Baton Rouge, Louisiana 70804-9214 Phone (225) 342-5900 Fax (225) 342-3078 http://www.ldi.state.la.us INSTRUCTIONS FOR
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A viatical settlement investment agent is a person or entity that acts as an intermediary in the purchase or sale of viatical settlements, which are investments in life insurance policies.
Viatical settlement investment agents are required to be licensed in the state where they operate. The specific requirements for licensing can vary by state.
To become a licensed viatical settlement investment agent, one must typically complete an application, provide necessary documentation, pay applicable fees, and pass any required exams or background checks. The exact process may vary by state.
The purpose of a viatical settlement investment agent is to facilitate the buying and selling of viatical settlements, allowing investors to potentially profit from life insurance policies.
Viatical settlement investment agents are typically required to report information such as the identities of the parties involved in a viatical settlement transaction, the policy details, and any applicable fees or commissions.
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