Viatical Settlement Provider

IllinoisActive
Exam
State exam
Education
Specific course
Experience
Experience
Background check
Felony convictions prohibited

An individual, partnership, corporation or other entity that enters into an agreement with a person who owns a life insurance policy, insuring the life of a person who has a catastrophic or life threatening illness or condition, to compensate for less than the expected death benefit of the insurance policy, in return for the policy owner's assignment, transfer, sale, devise or bequest of the death benefit or ownership of the insurance policy.

Requirements reported by the state

Licence type
Stand-alone license
Exam
State exam required
Education
Specific course required
Continuing education
Continuing education required
Certification
No mention of certification
Experience
Experience
Background check
Felony convictions prohibited

Issuing body

Department
Illinois Department of Insurance
Address
320 West Washington Springfield, IL 62786
Last updated
September 5, 2024

Occupations (O*NET)

Source and verification

This record is Illinois'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 Illinois Department of Insurance — see the issuing body section above.

How we process this data. Not legal advice.