Where America goes to sell their life insurance policies

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	Success Story "I needed money to settle my hospital bills, but I didn't want my employer or my friends to know about it. With First Secured Life, I discovered that not only could I cash in my insurance policy, my personal information and details of the transaction would be kept confidential and never sold or disclosed to anyone. First Secured Life was able to get me $294,000 on a $1.5 million policy. Since my insurance policy didn't offer a surrender option, I was glad to be able to pay off all of my debts so my children wouldn't have to worry about it."
	- Jack, Tampa, FL, Age 75*

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Compliance Notice

First Secured Life, LLC can broker a life insurance policy owned by a resident of the following states: AL, AZ, CO, DC, FL (FL License #s EO48885), GA, HI, ID, MD, MI, MO, NH, PR, RI, SC, SD, WV, WY. Depending on the medical condition of the insured, First Secured Life, LLC may
or may not be able to broker a life insurance policy owned by a resident of the following states: AR, CA, CT, DE, IL, IN, LA, MA, MN, NJ, NM, NY, OR, VT, WA, WI. States where First Secured Life, LLC intends to become licensed: AK, IA, KS, KY, ME, MS, MT, NE, NV, NC, ND, OH, OK, PA, TN, TX, UT, VA. This Compliance Notice is current as of June 19, 2003 and is subject to change.

LEGISLATIVE SUMMARY AS OF APRIL, 2003

		Color Key

		States that regulate the sale of all life insurance policies.



		States that regulate the sale of policies insuring terminally or chronically ill individuals.

State

Law

Statute and/or Pending Bill

ALABAMA	No
ALASKA	Yes	Alaska Stat. Sec. 21.89.110
ARIZONA	No
ARKANSAS	Yes	Ark. Stat. Ann. Sec. 23-81-501
CALIFORNIA	Yes	California Codes Sec. 10113.1 and AB1103 pending to add non- terminally ill transactions
COLORADO	No
CONNECTICUT	Yes	Conn. Gen. Stat. Sec. 38a-465
DELAWARE	Yes	18 Del. C. Sec. 7501
DISTRICT OF COLUMBIA	No
FLORIDA	Yes	Fla. Stat. Sec. 626.991 and HB487/SB1904 pending amendment
GEORGIA	No
HAWAII	No
IDAHO	No
ILLINOIS	Yes	215 ILCS 158/1 and HB 3659 pending to add non-terminally ill transactions
INDIANA	Yes	Ind. Code Ann. Sec. 23-2-1-1
IOWA	Yes	Iowa Code Sec. 502.101
KANSAS	Yes	K.S.A. Sec. 40-2,171
KENTUCKY	Yes	KRS Sec. 304.15-020
LOUISIANA	Yes	La. R.S. Sec. 22:201 and HB1691 pending to add non-terminally ill transactions
MAINE	Yes	24-A M.R.S. Sec. 1402
MARYLAND	No
MASSACHUSETTS	Yes	Mass. Ann. Laws ch. 175 Sec.212
MICHIGAN	Yes	MCL Sec. 550.521 MSA Sec. 24.569(1)
MINNESOTA	Yes	Minn. Stat. Sec. 60A.961
MISSISSIPPI	Yes	Miss. Code Ann. Sec. 83-7-201
MISSOURI	No
MONTANA	Yes	Mont. Code Anno. Sec. 33-20-1301
NEBRASKA	Yes	R.R.S. Neb. Sec. 44-1101
NEVADA	Yes	NRS Sec. 688C.010
NEW HAMPSHIRE	No
NEW JERSEY	Yes	N.J. Stat. Sec. 17B:30A-1
NEW MEXICO	Yes	N.M. Stat. Ann. Sec. 59A-20A-1
NEW YORK	Yes	NY CLS Ins. prec. Sec. 7801
NORTH CAROLINA	Yes	N.C. Gen. Stat. Sec. 58-58-200
NORTH DAKOTA	Yes	N.D. Cent. Code Sec. 26.1-33.2-01
OHIO	Yes	ORC Ann. Sec. 3916.01
OKLAHOMA	Yes	36 Okl. St. Sec. 4041, 36 Okl. St. Sec. 4085
OREGON	Yes	Oregon Revised Statutes Sec. 744.319
PENNSYLVANIA	Yes
PUERTO RICO	No
RHODE ISLAND	No
SOUTH CAROLINA	No
SOUTH DAKOTA	No
TENNESSEE	Yes	Tenn. Code Ann. Sec. 56-50-101
TEXAS	Yes
UTAH	Yes	HB 4 Passed
VERMONT	Yes	8 V.S.A. Sec. 3826
VIRGINIA	Yes	Va. Code Ann. Sec. 38.2-5700 and HB2613 Passed adding non-terminally ill transactions
WASHINGTON	Yes	Rev. Code Wash. (ARCW) Sec. 48.102.005
WEST VIRGINIA	No
WISCONSIN	Yes	Wis. Stat. Sec. 632.68
WYOMING	No

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First Secured Life. Where America goes to sell their life insurance policies.™
1926 Victoria Avenue, Fort Myers, FL 33901

Email: info@firstsecuredlife.com
Tel: 1-877-968-7785

*To protect the privacy of our customers, the testimonials featured on this web site are for illustrative purposes only and do not reflect actual transactions. For more detailed information of our privacy policy, please click here.
COMPLIANCE NOTICE: First Secured Life, LLC can broker a life insurance policy owned by a resident of the following states: AL, AZ, CO, DC, FL (FL License #s EO48885), GA, HI, ID, MD, MI, MO, NH, PR, RI, SC, SD, WV, WY. Depending on the medical condition of the insured, First Secured Life, LLC may or may not be able to broker a life insurance policy owned by a resident of the following states: AR, CA, CT, DE, IL, IN, LA, MA, MN, NJ, NM, NY, OR, VT, WA, WI. States where First Secured Life, LLC intends to become licensed: AK, IA, KS, KY, ME, MS, MT, NE, NV, NC, ND, OH, OK, PA, TN, TX, UT, VA. This Compliance Notice is current as of June 19, 2003 and is subject to change.