If a company becomes licensed as a viatical settlement broker, is an individual agent at that company required to be licensed as a viatical settlement broker as well?
No. A license issued to a legal entity authorizes all partners, officers, members, and designated employees to act as viatical settlement brokers under the license. All individuals to be covered by the license, however, must be listed on the license application or in a subsequent supplement to it, and a biographical statement (as provided with the application or in a supplement to it) must be submitted for each individual to be covered by the license.
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