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Legal Use
Chesapeake Financial Settlements, LLC, Joseph
M. Young, and or Patrick T. Duke, as individuals, are licensed
as a life settlement broker or viatical settlement broker
in the following states: MD, VA, PA, CT, NJ, FL, GA, NC,
MS, IN.
Chesapeake Financial Settlements, LLC, Joseph M. Young, and/or
Patrick T. Duke, as individuals, may broker a life insurance
policy owned by a resident of the following states that are
not regulated and do not require licensure: AL, AZ, DC, HI,
ID, MI, MO, NH, RI, SC, SD, WV, WY.
Depending on the medical condition of the insured, Chesapeake
Financial Settlements, LLC, Joseph M. Young, and/or Patrick
T. Duke, as individuals, may broker a life insurance policy
owned by a resident of the following states: CA, DE, IL,
MA, MN, NM, NY, OR, VT, WA, WI.
This Compliance Notice is current as of September 15, 2007.
We collect the domain
name and e-mail address (where possible) of visitors to
our Web page, the e-mail
addresses of those
who communicate with us via e-mail, aggregate information
on what pages consumers access
or visit, user-specific information on what pages consumers
access or visit,
information volunteered
by the consumer, such as survey information and/or site
registrations.
The information we collect is used to improve the content
of our Web page, and not shared with other organizations
for commercial purposes.
If you do not want to receive e-mail from us in the future,
please let us know by notifying us.
From time to time, we may use customer information for
new, unanticipated uses not previously disclosed in our
privacy
notice. If our information practices change at some time
in the future we will post the policy changes to our Web
site to notify you of these changes and provide you with
the ability to opt out of these new uses. If you are concerned
about how your information is used, you should check back
at our Web site periodically.
With respect to security: We have appropriate security
measures in place in our physical facilities to protect
against the
loss, misuse or alteration of information that we have
collected from you at our site.
If you feel that this site is not following its stated
information policy, you may contact us at the above addresses
or phone
number.
Nothing contained herein is intended to convey any legal,
tax, financial or other advice. You should consult your
own attorney, accountant or other advisor for such advice.
While
the information provided on this web site is believed to
be correct, we do not warrant the correctness of any information.
LICENSING
Life agents who source policies to Chesapeake Financial Settlements
must be licensed as a viatical settlement broker and/or life
agent in the following regulated states in order to receive
a commission: MD, VA, PA, CT, NJ, FL, GA, NC, MS, IN.
Life agents who source policies to Chesapeake Financial Settlements
are not required to have a license as a life agent or viatical
settlement broker in the following non regulated states in
order to receive a commission: AL, AZ, DC, HI, ID, MI, MO,
NH, RI, SC, SD, WV, WY.
The following states regulate viatical (catastrophic and
terminal illness) settlements only and not life settlements.
Depending upon the medical condition of the insured, the
life agent may or may not be able to source a life insurance
policy owned by a resident of the following states without
having a license: CA, DE, IL, MA, MN, NM, NY, OR, VT, WA,
WI.
In states that are regulated and require a license, attorneys,
accountants and financial planners who are not paid directly
or indirectly by the Viatical Settlement Provider can source
policies without a license but Chesapeake Financial Settlements
can not pay them a commission.
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