Life Settlement Broker
New YorkActive
- Exam
- Not reported
- Education
- Not reported
- Experience
- None
- Background check
- None
A Life Settlement Broker is authorized to solicit, negotiate, procure, effectuate, monitor or track an agreement under which compensation is provided to an owner of a life insurance policy in return for the assignment, transfer, sale release or bequest of any portion of the death benefit, ownership of the policy or beneficial interest in the policy.
Requirements reported by the state
- Licence type
- Registry
- Continuing education
- Continuing education required
- Certification
- No mention of certification
- Experience
- No experience
- Background check
- No criminal record requirements
- Physical requirement
- No physical requirements
Issuing body
- Department
- NYS Department of Financial Services
- Division
- Applications and Licensing
- Address
- One Commerce Plaza Albany, NY 12257
- Phone
- (518) 408-3086
- Agency website
- https://www.dfs.ny.gov/
- Last updated
- April 20, 2023
Occupations (O*NET)
- Insurance Agent 13-1031.00
Source and verification
This record is New York's report to the Analyst Resource Center, published by CareerOneStop (October 2024 export). Everything shown comes only from that report.
Before you apply, confirm every detail with Applications and Licensing — see the issuing body section above.
How we process this data. Not legal advice.