Form FIN430 License Application for a Life Settlement Provider or Broker - Texas

What Is Form FIN430?

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 FIN430 License Application?A: The FIN430 License Application is a form for individuals or companies applying for a Life Settlement Provider or Broker license in Texas.

Q: Who needs to fill out the FIN430 License Application?A: Individuals or companies who plan to operate as Life Settlement Providers or Brokers in Texas must complete the FIN430 License Application.

Q: What is the purpose of the FIN430 License Application?A: The purpose of the FIN430 License Application is to gather information about the applicant and their qualifications to determine their eligibility for a Life Settlement Provider or Broker license.

Q: What information is required on the FIN430 License Application?A: The FIN430 License Application requires various information such as personal/contact details, business information, disclosure of criminal history, proof of financial responsibility, and other supporting documents.

Q: How long does it take to process the FIN430 License Application?A: The processing time for the FIN430 License Application may vary. It is recommended to check with the Texas Department of Insurance for the most up-to-date information.

Q: What is a Life Settlement Provider or Broker?A: A Life Settlement Provider or Broker is an individual or company that facilitates the sale of life insurance policies to third-party investors.

Q: Is a license required to operate as a Life Settlement Provider or Broker in Texas?A: Yes, a license is required to operate as a Life Settlement Provider or Broker in Texas. The FIN430 License Application is the form used to apply for this license.