Washington

Life Settlements are currently not regulated by the state of Washington. The state requires a representative to be licensed as a viatical settlement broker license in order to help a policy holder transact the sale of a life insurance policy when the insured has a terminal illness or their life expectancy is less than 36 months. There are no restrictions in place preventing life insurance agents and financial professionals from helping their clients sell their policy on the secondary market if the insured's health does not meet the previous criteria. Please view their website for further details.

Milestone may assist all life insurance agents and financial professionals in the process of obtaining their life settlement broker licenses. If you have any questions, please feel free to give Milestone a call at (888) 877-5686 and ask to speak to the Licensing Department.