MilesToPass
Choose your exam
  1. Home /
  2. Glossary /
  3. Life settlement disclosure

Exam term

Life settlement disclosure

The separate signed document the owner receives, no later than signing, covering alternatives, taxes, creditors, public assistance, the rescission right, lost policy rights and the gross offer, net amount and every party's compensation.

Lessons that use this term

  • New York life settlement brokers: licensing, advertising, privacy, and prohibited practices (Ins. Law 2137, art. 78) New York

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

Study help

  • How it works
  • Glossary

MilesToPass

  • Contact us
  • Terms
  • Privacy

© 2026 MilesToPass

Sign in