|
|
|
|
 |
|
|
|
|
|
|
Life Settlement Broker License, Individual - Initial
|
| Applicable to: |
|
Individuals, at least 18 years of age and of good moral character. |
| Description: |
|
Application for first-time license & reinstatement; fees; requirements; miscellaneous forms & links. License to advertise/advise a person on availability of life settlements (for fee, commission or other valuable consideration). Represents only policy owner's interests.
|
| Statute: |
|
CGS 38a-465 through 465g |
| Transaction Type: |
|
Initial |
| Duration: |
|
Annual. License expires March 31 of every year. |
|
|
|
| Prerequisites: |
|
Nonresident applicants must hold an equivalent license in any other state.
|
| Required Documentation: |
|
Completed application, fee, anti-fraud plan. Additional requirements, including anti-fraud plan specific requirements as well as license exemptions, can be found at: http://www.ct.gov/cid/cwp/view.asp?a=1266&Q=423032.
|
| Other Information: |
|
If acting on behalf of a business entity, see requirements for Life Settlement Broker License, Firm.
Data collection forms used by brokers are required to be filed with the Life and Health Division prior to use and must contain all disclosures required by C.G.S.§38a-465f. Data collection forms may not be labeled as applications for life settlement contracts. Applications for life settlement contracts must be filed by providers and approved by the Department.
|
| Applications, Forms & Other: |
|
ONLINE APPLICATION (Adjusters, Appraisers, Consultants, Life Settlement Brokers, Resident Producers, Reinsurance Intermediaries, Surplus Lines Brokers)
ONLINE CHANGE FORM (Update License Information)
PAPER APPLICATION
REQUIREMENTS (Prelicensing)
REQUEST FORM (Certification/Clearance Letter)
REQUEST FORM (Duplicate License)
STATUTES - Title 38a - Insurance
|
|
|
|
| Application Fee: |
|
Eff Oct 1 2009 - $66 payable to Treasurer, State of CT |
| Fee Exemptions: |
|
None |
|
|
|
| Agency: |
|
Department of Insurance |
| Phone: |
|
(860) 297-3955 |
| Mailing Address: |
|
State of Connecticut Insurance Dept, Licensing Division (Standard Mail: PO Box 816, Hartford, CT 06142-0816) (Overnight Mail: 153 Market St, 7th Fl, Hartford, CT 06103) |
| Email Address: |
|
toby.sullivan@ct.gov |
| Website: |
|
www.ct.gov
|
| Agency Notes: |
|
None
|
|
Last Updated: 9/24/2009
|
|
