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Can a business entity be licensed as a Viatical Settlement Broker?

April 26, 2017broker Business entity licensed viatical

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Can a business entity be licensed as a Viatical Settlement Broker?

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Yes. Each entity operating as a Business Entity Viatical Settlement Broker must first obtain a license from the Department by submitting an application and the $500 registration fee. A designated responsible producer and all individuals doing business as a Viatical Settlement Broker must hold a license as a producer and a Viatical Settlement Broker.