Sentences with phrase «regulate life settlements»

Not exact matches

Transactional Fee — The life settlement industry has a dark past of brokerages charging abnormally large transaction fees before the industry was regulated.

A life settlement is a lawful and regulated transaction under New York State law.

At the very least, the life settlement industry should be regulated, not only for how it markets to investors and forecasts life expectancy, but also how to persuades people to sell their life insurance policies to these companies.

Yes, life settlements are both legal and regulated.

[3] Today, many states regulate viatical and life settlements and many more are developing legislation and regulations.

Although the viatical industry is becoming increasingly regulated, the life insurance settlement industry remains unregulated in nearly all states.

In states such as Missouri, Rhode Island and South Carolina, where life settlements are not regulated, you should be aware that:

The life settlement business is commonly regulated by the state's insurance department or the securities commissioner, but it is still good practice to ask the company if it's licensed.