Compliance

Compliance - E&O
Responsibility
Licensing
Anti-Fraud

Licensing

Licensing Policy

Most states that have passed legislation will issue licenses to business entities, and in these states LIS has either been issued a license, or is in the process of obtaining licensure. Among these states, some issue Settlement authority specifically and others only issue Producer authority. In these states, LIS has obtained Producer authority and appropriate appointments. In like manner, several states will only issue licenses to individuals, and upon appointment by a Provider entity, these individuals become "designated" to transact settlement business on behalf of the business entity. In some states, key personnel of LIS have acquired individual licenses to meet the requirements. Life Insurance Settlements, Inc. or its corporate representative is a licensed broker or producer in the following states.

States  
Arkansas Nevada
California New Jersey
Colorado New Mexico
Connecticut New York
Delaware North Carolina
Florida North Dakota
Georgia Ohio
Indiana Oklahoma
Iowa Oregon
Kansas Pennsylvania
Louisiana Tennessee
Maine Texas
Maryland Utah
Massachusetts Vermont
Minnesota Virginia
Mississippi West Virginia
Nebraska Wisconsin


LIS may conduct business in the following states that do not require licensure.

States  
Alabama New Hampshire
District of Columbia Rhode Island
Hawaii South Carolina
Idaho South Dakota
Illinois West Virginia
Michigan Wyoming
Missouri