Interesting requirement…
Interesting New York Life Settlement Licensing Update
It is ins’t a huge deal, but most resident states require fingerprinting for background check, and if this is required for non-residents it could be somewhat of a hassle.
We will follow updates…
Berkshire Settlements, Inc. is pleased to announce it has obtained life settlement provider licenses from Arkansas, Maine, and Mississippi — three states the company has identified as being largely underserved by the life settlement industry. “We are very happy to bring the opportunities offered by life settlements to these markets,” stated CEO John Dallas. Having already expanded to Tennessee earlier in 2009, Berkshire hopes to add licenses from Indiana and Louisiana before the end of the fourth quarter.
Primarily offering on small face policies, the company is reporting that its policy intake is steadily increasing and offers are continuing to be made. “We are satisfied with our rate of growth during 2009. Whereas other providers and brokers have been easing back or closing up shop, Berkshire has been able to consolidate its position while extending its reach to new and underperforming areas,” said Dallas.
Source: Press
EAGiL Life Settlements, LLC Is Granted A Life Settlement Provider License In Ohio
Guy E. Runyon, President and CEO of Eagil Life Settlements, LLC, announced today that Eagil has been approved as a Life Settlement Provider in the state of Ohio. “We are excited to add the great state of Ohio as another regulated state where we can purchase life insurance policies,” Runyon exclaimed.
EAGiL Life Settlements can now transact life settlement purchases in forty states, while its wholly owned affiliate company, Eagil Financial Group, LLC, a corporate and personal financial planning company, is licensed in all 50 states.
