Life settlement provider

Life settlement provider

The state licenses companies and individuals (“providers”) who solicit and negotiate life settlement contracts. A life settlement contract is between a life settlement provider and a person holding a life insurance policy. The contract provides that the provider buys the beneficiary’s rights to the person’s life insurance policy.

Laws/rules governing life settlement provider

• Laws: ORS 744.318 through 744.384
• Rules: OAR 836-014-0200 through 836-014-0330

Forms

• Application: Word | PDF
• Renewal: An invoice will be sent annually around the anniversary date of your license providing instructions for renewal
• Form Filing Information
• Life Settlement Broker Appointment/Affiliation Notice: Word | PDF
• Life Settlement Provider, Appointment of Insurance Commissioner for Legal: Word | PDF
• Life Settlement Provider Bond Service: Word | PDF