- 14,809
In doing some research I'm finding a few insurance departments are now requiring that producers obtain a license. Here's one example in NH:
http://www.nh.gov/insurance/media/bulletins/2010/documents/ins_10-034-ab.pdf
"The effective date of the Life Settlements Act is June 14, 2010. For compliance with section RSA 408-D:19 of the Act, and in order for the Life Settlement Provider or Life Settlement Producer to continue to engage in life settlement transactions after June 14, 2010, the applications must be filed in the New Hampshire Insurance Department no later than JULY 14, 2010."
If you're like me, you rarely check your DOI website for updated bulletins but if you're selling life settlements you should check recent bulletins for your state.
http://www.nh.gov/insurance/media/bulletins/2010/documents/ins_10-034-ab.pdf
"The effective date of the Life Settlements Act is June 14, 2010. For compliance with section RSA 408-D:19 of the Act, and in order for the Life Settlement Provider or Life Settlement Producer to continue to engage in life settlement transactions after June 14, 2010, the applications must be filed in the New Hampshire Insurance Department no later than JULY 14, 2010."
If you're like me, you rarely check your DOI website for updated bulletins but if you're selling life settlements you should check recent bulletins for your state.