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Get the free Individual Viatical Settlement Broker License Application - insurance ohio

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Individual Vertical Settlement Broker License Application Mike DeWine, Governor Jon Hosted, Lt Governor Judith L. French, DirectorLicensing Division, 50 W Town Street, 3rd Floor Suite 300, Columbus
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How to fill out individual viatical settlement broker

01
Fill out the viatical settlement broker application form with accurate personal information.
02
Provide details about the life insurance policy you are looking to sell.
03
Submit any required supporting documents, such as medical records or policy statements.
04
Wait for the broker to evaluate your case and provide you with a settlement offer.
05
Review the offer and decide if you want to accept or negotiate for a better deal.
06
Complete any additional paperwork required to finalize the viatical settlement agreement.

Who needs individual viatical settlement broker?

01
Individuals who are looking to sell their life insurance policy for a lump sum cash payment.
02
People who are facing financial difficulties and need immediate funds.
03
Elderly individuals with a life expectancy of less than two years who want to access the cash value of their policy before passing away.
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An individual viatical settlement broker is a person who helps facilitate the sale of a life insurance policy from the policyholder to a third-party investor.
Individual viatical settlement brokers are required to file with the appropriate regulatory agency in their state.
Individual viatical settlement brokers must complete the necessary forms and provide all required information to the regulatory agency.
The purpose of individual viatical settlement brokers is to assist policyholders in selling their life insurance policies for a lump sum payment.
Individual viatical settlement brokers must report information about the policyholder, policy, and transaction details.
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