The New Jersey Viatical Settlement Provider license
Viatical Settlement Provider
Buys the life policy from the person insured by it. New Jersey licenses the provider where it merely registers the person who negotiates the sale, and it is the only half of the viatical trade the state still issues a license for.
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 Apply for the provider license
No state exam for this license
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A license from the commissioner of the state where the viator lives, obtained before operating as a viatical settlement provider. There is no examination, no course and no producer license underneath it.
N.J.S.A. 17B:30B-3(a): "A person shall not operate as a viatical settlement provider without first obtaining a license from the commissioner of the state of residence of the viator."The Act took effect on 2005-12-21 and it is the same Act that abolished the broker license, so the two halves of the trade were separated in one stroke: the buyer is licensed and the negotiator is registered. 17B:30B-3(b)(2) is the fiduciary rule that sits between them, deeming a life producer who negotiates to represent only the viator, whatever the manner of the producer's compensation.
Read at the Department on 2026-08-19
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No national seller sells a course for this license. The New Jersey products sellers do carry are all for a major producer line or for the adjuster paper; Aceable sells nothing in New Jersey at all. A provider is licensed on an application with no examination and no course.