West Virginia
As of May 2008, life settlement regulations require both a life settlement broker and provider to be licensed in the state of West Virginia. Since the new legistlation was passed, Milestone has begun the process of applying for a life settlement provider license. A life settlement provider may continue to operate under the grandfather clause for one year if they were already transacting business in West Virginia.
Upon completion of the life settlement broker application, life insurance agents and financial representatives may apply for a life settlement broker license to the Department of Insurance for West Virginia. Please view their website for further details or click on the image below to download the application and get started!
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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. |