To apply for a registration as a Viatical Broker, a business entity must:
To apply for a registration as a Viatical Settlement Provider, the applicant must:
A Viatical Settlement Broker registration expires the same day as the expiration of the underlying Producer Life license.
A Viatical Settlement Provider registration expires 2 years after the date of issuance.
The fee to renew a Viatical Settlement Broker or a Viatical Settlement Provider registration is $50.
The Applicants for a license renewal must submit all of the same document requirements as an applicant for an initial registration.
Application FormsNAIC Uniform Application Initial Individual
NAIC Uniform Application Initial Business Entity
NAIC Uniform Application Renewal Individual
NAIC Uniform Application Renewal Business Entity
Note: Regardless of who completes the application, the license applicant is ultimately responsible for the contents of the application and must provide accurate and complete information (if the application was completed by someone other than the applicant, the person who completes an application may also be held responsible for the contents of the application). An application that fails to disclose or fails to provide accurate information may result in the DELAY and/or DENIAL of the application. If your license has already been issued and it is later discovered that the information contained in your application is not true, correct, or complete, your license may be REVOKED and you may be subject to monetary PENALTIES (if the application was completed by someone other than the applicant, the person who completed the application may also be subject to administrative action). If in doubt, disclose.
In most cases, complete applications are processed in 7-10 business days. Incomplete applications may incur delays, be rejected/denied or not be processed. Incomplete applications pending over 120 days may be rejected.Do a NAME SEARCH to verify if your application has been approved. When you have your license number, go to PRINT LICENSE to get a copy of your license. Fill in all search criteria to enable a successful search. Maryland does not send copies of licenses.
Note: All license or certificate fees are non-refundable and non-transferable whether the application has been approved, denied, cancelled, withdrawn, or when an applicant submits multiple applications for the same license or certificate.
200 St. Paul Place, Suite 2700, Baltimore, MD 21202
410-468-2000 | 1-800-492-6116 (toll free) | 1-800-735-2258 (TTY)