by John Darer
Without a direct carrier appointment the only way a person or entity can legally be paid for their role in placing life insurance or annuity business in New York is via a life broker's license.
Please review the following opinion of the New York State Insurance Department Office of General Counsel concerning Agent/Broker Licensing and Commission Sharing which this author obtained on February 23, 2005. The opinion is on point to the structured settlement profession.
Leave a Reply