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: Structured Settlements 4RealNew York Structured Settlement Referrals/Joint Work Need Life Broker's License to Get Paid
By John Darer
Without a direct carrier appointment the only way a person or entity can legally be paid for their role in placing life insurance or annuity business in New York is via a life broker's license.
Please review the following opinion of the New York State Insurance Department Office of General Counsel concerning Agent/Broker Licensing and Commission Sharing which this author obtained on February 23, 2005. The opinion is on point to the structured settlement profession.
Full post as published by Structured Settlements 4Real on January 30, 2009 (boomark / email).
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