Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance

More States Approve Wentworth Licenses

X
Your article was successfully shared with the contacts you provided.

J.G. Wentworth Inc. today announced that 22 states have granted life-settlement provider licenses to its dedicated life settlements subsidiaries.

Wentworth, Bryn Mawr, Pa., says it has applied for licenses in 5 other states that require life-settlement providers to be accredited. Twenty-three states and the District of Columbia currently do not require providers to be licensed to conduct life settlement business, the company notes.

J.G. Wentworth Life Settlements LLC and its sister subsidiary J.G. Wentworth Life Settlements LLC provide consumers with the option of cashing in life insurance policies with face values greater than $50,000.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.