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Viatical Company Appointment / Cancellation Form - Kansas
Viatical Company Appointment/Cancellation Form is a legal document that was released by the Kansas Insurance Department - a government authority operating within Kansas.
FAQ
Q: What is a Viatical Company Appointment/Cancellation Form?A: A Viatical Company Appointment/Cancellation Form is a form used in Kansas to appoint or cancel the appointment of an insurance agent or broker as a representative of a viatical settlement provider.
Q: What is a viatical settlement provider?A: A viatical settlement provider is a company or person who enters into a viatical settlement contract with a viator.
Q: What is a viatical settlement contract?A: A viatical settlement contract is a written agreement in which a viator assigns their life insurance policy to a viatical settlement provider in exchange for a sum of money.
Q: Who needs to use the Viatical Company Appointment/Cancellation Form?A: Both insurance agents or brokers and viatical settlement providers in Kansas need to use this form.
Q: What is the purpose of appointing a viatical settlement provider?A: Appointing a viatical settlement provider allows them to act as the representative of the insurance agent or broker in viatical settlement transactions.
Q: What information needs to be included in the Viatical Company Appointment/Cancellation Form?A: The form should include the name and address of the insurance agent or broker, the name and address of the viatical settlement provider, and the effective date of the appointment or cancellation.
Q: Is there a fee for filing the Viatical Company Appointment/Cancellation Form?A: Yes, there is a fee of $100 for filing this form in Kansas.
Form Details:
- Released on November 1, 2019;
- The latest edition currently provided by the Kansas Insurance Department;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Kansas Insurance Department.
