508E.9 Disclosure to insurer.
73 words·~1 min read·
/ia/chapter-508e-viatical-settlement-contracts/508e-9·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A viatical settlement broker, or viatical settlement provider, shall fully disclose to an insurer a transaction or series of transactions to which the viatical settlement broker or viatical settlement provider is a party to originate, renew, continue, or finance a life insurance policy with the insurer for the purpose of engaging in the business of viatical settlements at any time prior to, or during the first five years after, issuance of the policy.