The New York State Insurance Department has posted language it would like life settlement providers to use to inform policy owners about their legal rights when selling their policies.
The model language, which the department suggests should be used in brochures provided to consumers by settlement firms, is available through a new section on life settlements that the agency has posted on its website.
Review the New York Language Page
New York’s Department Life Settlement Page
More info will be posted when we receive it.
New York Life Settlement Department
