License: Life Settlement Broker
One Commerce Plaza
Albany, NY 12257
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.
- Stand-alone license
- State exam required
- Specific course required
- Continuing education required
- Experience required
- Felony convictions prohibited
License information updated 05/21/2021