Florida Statutes 626.99181 – Viatical settlement broker’s compensation
Current as of: 2023 | Check for updates
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Terms Used In Florida Statutes 626.99181
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
A viatical settlement broker shall disclose to a prospective viator the amount and method of calculating the broker’s compensation. The term “compensation” includes anything of value paid or given to a viatical settlement broker for the placement of a policy.