Insurance License Hub

The Arizona Life Settlement Broker license

Life Settlement Broker

Negotiates the sale of a life policy for the owner, and owes that owner a fiduciary duty. In Arizona it is an authority added to a life producer license rather than a license of its own, and it is priced by how long that license has left to run.

Course

None

This license has no pre-licensing course route.

Ways in

1

There is no state exam for this license.

Exam

n/a

Not required on any of the routes below.

Every way to qualify

  1. Route 1 Hold an Arizona life producer license and notify within 30 days

    No state exam for this license

    • an Arizona life insurance producer license, held by the individual or by the business entity acting as broker

    The Department states the whole qualification in one sentence: to act as a life settlement broker you must hold an Arizona life insurance producer license and notify the Department on Form L-LSB within the first thirty days of operating as a broker. No separate examination and no course. What is unusual is the price, which is charged for the authority rather than for a license and is set by the calendar rather than by the work: $500 if the underlying Arizona license expires in two years or more, $250 if it expires in less than two. The same figure turns up as an add-on to the adjuster fee, where renewing life settlement broker authority alongside an adjuster license adds $500. Continuing education is the life producer's own, forty-eight hours including six of ethics for a resident, with nothing extra for the broker authority.

    Read at the Department on 2026-08-18

No national seller sells a course for this license. There is no separate examination and no course: the qualification is an Arizona life producer license plus a Form L-LSB notice. Everything sellers carry for the underlying license is on the Life page.