The New Mexico Viatical Settlement Provider license
Viatical Settlement Provider
Buys life policies from the people who own them. It costs ten times what the broker on the other side of the same transaction pays to apply, and twice as much to keep.
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 license
No state exam for this license
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An application under the Viatical Settlements Act, on which the superintendent decides whether to license the applicant as a provider.
Chapter 59A, Article 20A, the Viatical Settlements Act, with the fee at 59A-6-1(N)(1): $1,000 to file the application and have the license issued, and $400 for the biennial continuation. The comparison that matters is on the same page of the fee schedule. A viatical settlement broker, who acts for the owner selling the policy, pays $100 and $200; the provider, who buys it, pays ten times the first figure and twice the second. New Mexico prices a brokerage business entity like a broker rather than like a provider. There is no examination and no pre-licensing course for either side.
Read at nmonesource.com on 2026-08-21
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New Mexico sets no examination and no course for the viatical settlement provider. No national seller prices a product for it.