What does Financing Entity mean? Read on to discover the definition & meaning of the term Financing Entity - to help you better understand the language used in insurance policies.
A financing entity refers to any entity that has direct ownership in a certain policy or certificate that is the subject of a settlement contract. In addition, the financing entity has a written arrangement with one or more licensed settlement suppliers for financing the acquisition of various settlement contracts. As such, a financing entity could be:
We hope the you have a better understanding of the meaning of Financing Entity.