Credit Suisse Obtains Life Settlement Licenses in Florida and Puerto Rico
October 09, 2008 | by Credit Suisse
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October 09, 2008, New York. Credit Suisse Life Settlements LLC has obtained approval of its life settlement provider licenses in the jurisdictions of Florida and Puerto Rico, which will enable it to purchase life insurance polices from policy owners who reside in such jurisdictions.
Credit Suisse Life Settlements LLC has obtained approval of its life settlement provider licenses in the jurisdictions of Florida and Puerto Rico, which will enable it to purchase life insurance polices from policy owners who reside in such jurisdictions.
In addition to being one of a limited number of providers to have a license in Florida, Credit Suisse Life Settlements is the first and only provider to date to obtain a license in Puerto Rico. As of today, Credit Suisse Life Settlements is able to purchase life insurance policies from policy owners in the following 45 jurisdictions: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Wisconsin and Wyoming.
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Source: Credit Suisse, Press release