The Maine Bureau of Insurance provides on this page all of the information necessary to license a Viatical and Life Settlement Provider.  Contact Us if you have questions or are unable to find what you are looking for.

Annual Reporting | Application | Confidential Treatment | Fees | Renewal | Service of Process | Statutory Requirements

Application Information

  • Application for a settlement provider license must be made to the superintendent on the form provided below. The application must be accompanied by a fee of $400.
    Word
    or PDF

Renewal

A license for settlement provider is continuous as long as the settlement provider remains qualified. The annual fee is $400 for the license which is due May 1st; an additional $100 for the annual statement filing fee is due on or before July 1st.

Fees

Annual Reporting Requirement

On or before March 1 of each year, in accordance with 24-A M.R.S.A.  6806, each settlement provider license in this State shall make a report to the Superintendent. These annual reports must be certified by an officer of the settlement provider. An annual audited financial report is also required to be submitted each year.

Please contact Jill Tobey at (207) 624-8448 or jill.c.tobey@maine.gov with any questions.

  • Viatical/Life Settlement Annual Report for Maine - Excel

Service of Process

  • Appointment of Resident Agent to Receive Service of Process - Word or PDF

Requesting Confidential Treatment of Documents

Statutory Requirements

[Back to Top]

image of adobe acrobat reader icon NOTE: You must have the free Adobe Acrobat Reader to open PDF files. Get it here.

The documents on this page are also available in hard copy by contacting the Bureau.