TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER oo: VIATICAL SETTLEMENTS
PART 3701 VIATICAL SETTLEMENT PROVIDER AND BROKER REQUIREMENTS
SECTION 3701.EXHIBIT D VIATICAL SETTLEMENT BROKER REPORT AND INSTRUCTIONS – ILLINOIS TRANSACTIONS ONLY (FORM VSB-002)



Section 3701.EXHIBIT D  Viatical Settlement Broker Report and Instructions – Illinois Transactions Only (Form VSB-002)

 

 

Viatical Settlement Broker Report

Calendar year

Viatical Settlement Broker's Name

Illinois Transactions Only

20____

 

1

2

3

4

5

6

Viatical settlement provider's settlement number

Contract date sold to viatical settlement provider

Total net death benefit ($)

Net amount paid to viator ($)

Commission amount

($)

Viatical Settlement  provider's  name

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of Preparer:

 

 

 

Instructions for Viatical Settlement Broker Report

Illinois Transactions Only

 

Column

 

1

List the settlement number, case number or unique identifying number used by the Viatical Settlement Provider (VSP) to identify the specific viatical settlement transaction.

2

List the date the viatical settlement contract was sold to the VSP.

3

List the total net death benefit.

4

List the net amount (in dollars) paid to the viator.

5

List the amount of commissions (in dollars) paid to all viatical settlement brokers involved in the transaction.

6

List the name of the VSP involved in the viatical settlement.

 

(Source:  Former EXHIBIT D renumbered to EXHIBIT F; new EXHIBIT D added at 39 Ill. Reg. 4975, effective March 23, 2015)