The New Hampshire Life Settlement Provider license
Life Settlement Provider
Buys life insurance policies from their owners. A plan of operation, a good business reputation, and $250,000 of financial responsibility posted before the license issues.
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
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Route 1 File a plan of operation and post $250,000
No state exam for this license
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A detailed plan of operation; competence, trustworthiness and an intention to act in good faith; a good business reputation with experience, training or education qualifying the applicant; and evidence of financial responsibility of $250,000, as a surety bond issued by an insurer authorized to write surety bonds in this state or a deposit of cash, certificates of deposit or securities, or any combination
RSA 408-D:3, VI(a) is four findings and the fourth is the one with a number in it: $250,000 of financial responsibility, as a bond from an insurer authorized to issue surety bonds here or a deposit of cash, certificates of deposit or securities or any combination of them. The bond runs in favor of the state and authorizes the commissioner to recover for anybody who sustained damages from erroneous acts, failure to act, or a conviction for fraud or unfair practices, and RSA 408-D:3, VI(b)(5) lets an applicant already licensed elsewhere show that the same instruments are filed in one state where they hold a license rather than duplicating them. No examination and no course. RSA 408-D:3, I(a) is worth reading before assuming a New Hampshire license is needed at all: the license comes from the state where the viator resides, and New Hampshire’s is required only where the viator’s own state has no licensing requirement. Renewal is annual on the anniversary date, which puts it with the managing general agent and against almost everything else here.
Read at the Department on 2026-08-19
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No national seller sells a course for this license. Nothing could: this license goes to a company on a plan of operation and $250,000 of financial responsibility, with no examination and no individual qualification behind it.