Form INS3218 Individual Viatical Settlement Broker License Application - Ohio

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Form INS3218 Individual Viatical Settlement Broker License Application - Ohio

What Is Form INS3218?

This is a legal form that was released by the Ohio Department of Insurance - a government authority operating within Ohio. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form INS3218?
A: Form INS3218 is the Individual Viatical Settlement Broker License Application for Ohio.

Q: What is a viatical settlement broker license?
A: A viatical settlement broker license is a license that allows individuals to engage in the business of buying and selling viatical settlements in Ohio.

Q: Who needs to fill out Form INS3218?
A: Individuals who wish to obtain a viatical settlement broker license in Ohio need to fill out Form INS3218.

Q: What information is required on Form INS3218?
A: Form INS3218 requires applicants to provide personal and contact information, as well as information about their business activities, experience, and financial history.

Q: Is Form INS3218 for Ohio residents only?
A: Yes, Form INS3218 is specifically for residents of Ohio who wish to obtain a viatical settlement broker license in the state.

Q: What is a viatical settlement?
A: A viatical settlement is a financial transaction in which the owner of a life insurance policy sells the policy to a third party in exchange for a lump sum payment.

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Form Details:

  • Released on January 1, 2019;
  • The latest edition provided by the Ohio Department of Insurance;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form INS3218 by clicking the link below or browse more documents and templates provided by the Ohio Department of Insurance.

Download Form INS3218 Individual Viatical Settlement Broker License Application - Ohio

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