The Texas Biographical Affidavit for Life Settlement Providers or Brokers is a document used by the state of Texas to verify a life settlement provider or broker’s credentials. This affidavit is used to ensure that life settlement providers and brokers are licensed and registered with the state. The document is also used to verify the individual or company’s background, including criminal history, prior business experience, and education. There are two types of Texas Biographical Affidavit for Life Settlement Providers or Brokers: an individual affidavit and a corporate affidavit. The individual affidavit is completed by a natural person who is applying to become a life settlement provider or broker. The corporate affidavit is completed by a legal entity that is applying to become a life settlement provider or broker. In order to be completed, both affidavits require the individual or company to provide their full name, address, date of birth, Social Security number, criminal history information, business experience, and education information. Additionally, the individual or company must sign and date the affidavit, and the affidavit must be notarized. Once the affidavit is completed, it must be submitted to the Texas Department of Insurance for review.