Form INS3281 Viatical Settlement Provider License Voluntary Surrender - Ohio

What Is Form INS3281?

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 INS3281?
A: Form INS3281 is a document related to the voluntary surrender of a Viatical Settlement Provider License in Ohio.

Q: What is a Viatical Settlement Provider License?
A: A Viatical Settlement Provider License is a license that allows an individual or company to engage in viatical settlement transactions, which involve the sale of life insurance policies to third-party investors.

Q: What does it mean to voluntarily surrender a license?
A: Voluntarily surrendering a license means that the license holder has chosen to give up their license willingly, usually for reasons such as retirement, or exiting the viatical settlement business.

Q: Who is required to fill out Form INS3281?
A: Individuals or companies who hold a Viatical Settlement Provider License in Ohio and wish to voluntarily surrender their license are required to fill out Form INS3281.

Q: Are there any fees associated with submitting Form INS3281?
A: No, there are no fees associated with submitting Form INS3281. However, any outstanding fees or obligations related to the license must be resolved before surrendering the license.

Q: What information is required on Form INS3281?
A: Form INS3281 requires the license holder to provide their name, contact information, license number, and a statement indicating the voluntary surrender of the license.

Q: Who should I contact if I have additional questions about Form INS3281?
A: If you have additional questions about Form INS3281 or the surrender process, you should contact the Ohio Department of Insurance for assistance.