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Does a non-resident need to hold a life license in Illinois and a Viatical Settlement Brokers license in Illinois?

April 26, 2017brokers hold Illinois license life non-resident viatical

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Does a non-resident need to hold a life license in Illinois and a Viatical Settlement Brokers license in Illinois?

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Yes. A non-resident must complete two applications to hold a Viatical Settlement Broker license in Illinois: a producer license application and a Viatical Settlement Broker application.