A life settlement provider is a company that is licensed by the Department of Insurance to purchase life insurance policies through life settlement transactions. Life settlement providers may purchase policies for their own account or on behalf of institutional investors or financing entity clients. Most states require a life settlement provider to obtain a license, abide by life settlement regulations and have purchase contracts approved prior to accepting policies for review to offer or purchase. The state of residence or domicile of the policy owner determines the state jurisdiction for proper licensing purposes.
Copyright 2020. Sequoia Life Settlements. All rights reserved. Sequoia Life Settlements is a marketing company that provides educational and other information about life insurance settlements. Sequoia Life Settlements may refer qualified policy holders to licensed life settlement entities and may be compensated for transactions originated on this website. The information on this website is not directed to individuals or entities outside the United States or elsewhere, where prohibited by law.