| Are you aware that some states require an adjuster exam even if you have already taken an exam in your resident state? Say it isn’t so!
The NAIC’s Viatical Settlements Model Act introduced a new set of regulations and compliance issues for this market, and set the standard that most states choose to follow. Part of this Act requires annual reporting of all life policies that were viaticated during the year by all viatical settlement providers.
ILSA has designed an innovative method of tracking and reporting your viatical settlements. Our specialists will prepare affidavit filings where required and send to you for signature. Where required by the states, ILSA specialists will also complete and reconcile annual reports for this area and send to you for approval and signature. You just sign the affidavits and reports, then return to ILSA for further processing with the state.
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