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Form FIN432 Life Agent Notification to Tdi to Act as a Life Settlement Broker - Texas
What Is Form FIN432?
This is a legal form that was released by the Texas Department of Insurance - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is FIN432?
A: FIN432 is a form used by life agents in Texas to notify the Texas Department of Insurance (TDI) of their intent to act as a life settlement broker.
Q: What is a life settlement broker?
A: A life settlement broker is a professional who assists policyholders in selling their life insurance policies to third-party investors in exchange for a lump sum payment.
Q: Why do life agents need to notify TDI?
A: Life agents need to notify TDI to comply with the Texas Insurance Code, which requires them to inform the department when they engage in life settlement brokerage activities.
Form Details:
- Released on December 1, 2016;
- The latest edition provided by the Texas 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 FIN432 by clicking the link below or browse more documents and templates provided by the Texas Department of Insurance.
Download Form FIN432 Life Agent Notification to Tdi to Act as a Life Settlement Broker - Texas
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