Are viatical settlements considered to be securities? The Washington Securities Division examines all viatical settlement investments on a case-by-case basis. It has been our experience that these investments are often securities under the Securities Act of Washington.

Are Viaticals securities?

It is the position of NASAA that VIATICAL INVESTMENTs, commonly known as investments in viatical, senior, or life settlement contracts, are securities and must be registered with a state securities division as required by state law.

Are Life Settlements securities?

A life settlement investment often constitutes a “security” under the investment contract test and may be deemed a security on an alternative basis.