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    All 50 U.S. States

    Life Settlements by State

    Life settlement regulations vary by state. Select your state below to learn about local rules, consumer protections, waiting periods, and how to get a free estimate.

    5050 States Covered
    50+Licensed Buyers
    10–30%Avg. Payout Range
    $0Free Estimate

    Showing 50 of 50 states

    AL

    Alabama

    Alabama regulates life settlements through its Department of Insurance, which oversees licensed providers and brokers operating within the state.

    Birmingham, Montgomery
    AK

    Alaska

    Alaska's Division of Insurance regulates life settlements within the state, requiring that providers and brokers obtain proper licensing and adhere to consumer protection standards.

    Anchorage, Fairbanks
    AZ

    Arizona

    Arizona's Department of Insurance and Financial Institutions regulates life settlements under a framework designed to ensure consumer transparency and market integrity.

    Phoenix, Tucson
    AR

    Arkansas

    The Arkansas Insurance Department oversees life settlement activity in the state, requiring providers and brokers to be licensed and to follow established disclosure and reporting protocols.

    Little Rock, Fort Smith
    CA

    California

    California has one of the most comprehensive life settlement regulatory frameworks in the nation.

    Los Angeles, San Francisco
    CO

    Colorado

    Colorado's Division of Insurance regulates life settlements in the state, overseeing the licensing of providers and brokers and setting standards for consumer disclosures.

    Denver, Colorado Springs
    CT

    Connecticut

    Connecticut has established a life settlement regulatory framework through its Insurance Department, which licenses providers and brokers and enforces disclosure requirements.

    Hartford, New Haven
    DE

    Delaware

    Delaware's Department of Insurance regulates life settlements in the state, requiring licensure of providers and brokers and establishing standards for disclosures and transaction conduct.

    Wilmington, Dover
    FL

    Florida

    Florida's Office of Insurance Regulation oversees life settlements through a well-developed regulatory framework that reflects the state's large senior population.

    Miami, Orlando
    GA

    Georgia

    The Georgia Department of Insurance regulates life settlements in the state, overseeing licensing of providers and brokers and enforcing consumer protection standards.

    Atlanta, Savannah
    HI

    Hawaii

    Hawaii's Insurance Division regulates life settlements under state law, requiring providers and brokers to be licensed and to comply with consumer disclosure standards.

    Honolulu, Hilo
    ID

    Idaho

    The Idaho Department of Insurance regulates life settlements in the state, requiring that providers and brokers obtain appropriate licenses and follow consumer protection standards.

    Boise, Meridian
    IL

    Illinois

    The Illinois Department of Insurance regulates life settlements under a framework designed to protect consumers and ensure market integrity.

    Chicago, Aurora
    IN

    Indiana

    Indiana's Department of Insurance regulates life settlements in the state, requiring licensure of providers and brokers and establishing standards for consumer disclosures.

    Indianapolis, Fort Wayne
    IA

    Iowa

    Iowa's Insurance Division oversees life settlement activity in the state, requiring providers and brokers to obtain licensure and comply with consumer disclosure and reporting standards.

    Des Moines, Cedar Rapids
    KS

    Kansas

    The Kansas Insurance Department regulates life settlements in the state, requiring licensure of providers and brokers and setting standards for consumer disclosures.

    Wichita, Overland Park
    KY

    Kentucky

    The Kentucky Department of Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to comply with consumer disclosure standards.

    Louisville, Lexington
    LA

    Louisiana

    The Louisiana Department of Insurance oversees life settlement activity in the state, requiring providers and brokers to be licensed and to follow consumer protection and disclosure standards.

    New Orleans, Baton Rouge
    ME

    Maine

    The Maine Bureau of Insurance regulates life settlements in the state, overseeing the licensing of providers and brokers and enforcing standards for consumer disclosures.

    Portland, Lewiston
    MD

    Maryland

    The Maryland Insurance Administration regulates life settlements, requiring providers and brokers to be licensed and to adhere to consumer disclosure standards.

    Baltimore, Columbia
    MA

    Massachusetts

    The Massachusetts Division of Insurance regulates life settlements in the state under a framework designed to protect consumers and ensure market integrity.

    Boston, Worcester
    MI

    Michigan

    Michigan's Department of Insurance and Financial Services regulates life settlements, requiring providers and brokers to be licensed and to follow consumer disclosure and reporting standards.

    Detroit, Grand Rapids
    MN

    Minnesota

    Minnesota's Department of Commerce oversees life settlement activity in the state, requiring providers and brokers to be licensed and to meet consumer disclosure standards.

    Minneapolis, Saint Paul
    MS

    Mississippi

    The Mississippi Insurance Department regulates life settlements in the state, overseeing licensing of providers and brokers and establishing consumer protection standards.

    Jackson, Gulfport
    MO

    Missouri

    The Missouri Department of Commerce and Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to adhere to consumer protection and disclosure standards.

    Kansas City, Saint Louis
    MT

    Montana

    Montana's Office of the Commissioner of Securities and Insurance regulates life settlements in the state, overseeing provider and broker licensing and consumer disclosure standards.

    Billings, Missoula
    NE

    Nebraska

    The Nebraska Department of Insurance regulates life settlements in the state, requiring providers and brokers to obtain appropriate licensure and to comply with consumer protection and disclosure standards.

    Omaha, Lincoln
    NV

    Nevada

    Nevada's Division of Insurance regulates life settlements in the state, overseeing provider and broker licensing and enforcing consumer protection and disclosure standards.

    Las Vegas, Henderson
    NH

    New Hampshire

    New Hampshire's Insurance Department regulates life settlements in the state, requiring licensure of providers and brokers and establishing consumer disclosure and protection standards.

    Manchester, Nashua
    NJ

    New Jersey

    New Jersey's Department of Banking and Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to comply with consumer disclosure and protection standards.

    Newark, Jersey City
    NM

    New Mexico

    New Mexico's Office of Superintendent of Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to follow consumer disclosure standards.

    Albuquerque, Santa Fe
    NY

    New York

    New York's Department of Financial Services (DFS) maintains one of the most comprehensive regulatory frameworks for life settlements in the country.

    New York City, Buffalo
    NC

    North Carolina

    North Carolina's Department of Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to adhere to consumer disclosure and protection standards.

    Charlotte, Raleigh
    ND

    North Dakota

    North Dakota's Insurance Department regulates life settlements in the state, overseeing provider and broker licensing and enforcing consumer protection standards.

    Fargo, Bismarck
    OH

    Ohio

    The Ohio Department of Insurance regulates life settlements in the state, requiring providers and brokers to obtain licensure and to comply with consumer disclosure and protection standards.

    Columbus, Cleveland
    OK

    Oklahoma

    The Oklahoma Insurance Department regulates life settlements in the state, requiring providers and brokers to be licensed and to meet consumer disclosure standards.

    Oklahoma City, Tulsa
    OR

    Oregon

    Oregon's Insurance Division regulates life settlements in the state, requiring providers and brokers to be licensed and to comply with consumer disclosure standards.

    Portland, Eugene
    PA

    Pennsylvania

    Pennsylvania's Insurance Department regulates life settlements in the state, overseeing licensing of providers and brokers and enforcing consumer protection and disclosure requirements.

    Philadelphia, Pittsburgh
    RI

    Rhode Island

    Rhode Island's Department of Business Regulation oversees life settlement activity in the state through its Insurance Division.

    Providence, Warwick
    SC

    South Carolina

    South Carolina's Department of Insurance regulates life settlements in the state, requiring licensure of providers and brokers and setting consumer protection and disclosure standards.

    Columbia, Charleston
    SD

    South Dakota

    South Dakota's Division of Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to comply with consumer protection and disclosure standards.

    Sioux Falls, Rapid City
    TN

    Tennessee

    Tennessee's Department of Commerce and Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to adhere to consumer disclosure and protection standards.

    Nashville, Memphis
    TX

    Texas

    Texas has a comprehensive life settlement regulatory framework under the Texas Department of Insurance.

    Houston, Dallas
    UT

    Utah

    Utah's Insurance Department regulates life settlements in the state, requiring providers and brokers to obtain licensure and to comply with consumer protection and disclosure standards.

    Salt Lake City, West Valley City
    VT

    Vermont

    Vermont's Department of Financial Regulation oversees life settlement activity in the state, requiring providers and brokers to be licensed and to adhere to consumer disclosure and protection standards.

    Burlington, South Burlington
    VA

    Virginia

    Virginia's Bureau of Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to comply with consumer disclosure and protection standards.

    Virginia Beach, Norfolk
    WA

    Washington

    Washington State's Office of the Insurance Commissioner regulates life settlements in the state, overseeing licensing of providers and brokers and enforcing consumer disclosure and protection standards.

    Seattle, Spokane
    WV

    West Virginia

    West Virginia's Offices of the Insurance Commissioner regulate life settlements in the state, requiring providers and brokers to be licensed and to adhere to consumer protection and disclosure standards.

    Charleston, Huntington
    WI

    Wisconsin

    Wisconsin's Office of the Commissioner of Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to comply with consumer disclosure and protection standards.

    Milwaukee, Madison
    WY

    Wyoming

    Wyoming's Department of Insurance regulates life settlements in the state, requiring providers and brokers to be licensed and to comply with consumer protection and disclosure standards.

    Cheyenne, Casper

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    What Is a Life Settlement?

    A life settlement is the sale of an existing life insurance policy to a licensed third-party buyer for more than its cash surrender value.

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    How Much Can I Get?

    Typical offers range from 10% to 30% of face value — significantly more than surrendering or lapsing a policy.

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    Is It Legal in My State?

    Life settlements are legal and regulated in all 50 states. Select your state above to view specific regulations.

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