Life Settlement Intermediary Registration

Guidance for the Filing of Life Settlement Intermediary Registration Applications in Accordance with N.Y. Insurance Law § 7804

The New York State Department of Financial Services accepts applications for registration by life settlement intermediaries in accordance with N.Y. Insurance Law § 7804.

Application

Life Settlement Intermediary Registration Applications and forms must be submitted as follows:

• An application, including the following additional attachments, should be sent to: [email protected]
  • Life Settlement Intermediary Registration Application
  • Certificate of Designation by Life Settlement Intermediary
  • Policies Available and Settled through Applicant
  • Commitment to The New York State Department of Financial Services
  • Board of Directors Resolution
  • Appointment of Superintendent of Financial Services as Attorney
  • Life Settlement Intermediary Untrustworthy Commitment
• A check, made payable to "Superintendent of Financial Services", in the amount of $7,500; evidence of electronic fingerprinting, or if applicable, completed fingerprint cards, accompanied by the applicable fingerprinting fee; and an original set of biographical affidavits should be sent to:

Licensing Bureau
New York State Department of Financial Services
One Commerce Plaza, Albany, NY 12257

Questions?

Questions regarding the registration of life settlement intermediaries may be directed to [email protected]