| | 6.__Fraudulent viatical or life settlement act.__"Fraudulent | viatical or life settlement act" includes: |
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| A.__Acts or omissions committed by any person who, knowingly | or with intent to defraud, for the purpose of depriving | another of property or for pecuniary gain, commits, or | permits its employees or its agents to engage in, acts | including: |
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| (1)__Presenting, causing to be presented or preparing | with knowledge or belief that it will be presented to | or by a settlement provider, settlement producer, | financing entity, insurer, insurance producer or any | other person false material information, or concealing | material information, as part of, in support of or | concerning a fact material to one or more of the | following: |
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| (a)__An application for the issuance of a | settlement contract or insurance policy; |
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| (b)__The underwriting of a settlement contract or | insurance policy; |
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| (c)__A claim for payment or benefit pursuant to a | settlement contract or insurance policy; |
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| (d)__Premiums paid on an insurance policy; |
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| (e)__Payments and changes in ownership or | beneficiary made in accordance with the terms of a | settlement contract or insurance policy; |
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| (f)__The reinstatement or conversion of an | insurance policy; |
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| (g)__The solicitation, offer, effectuation or sale | of a settlement contract or insurance policy; |
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| (h)__The issuance of written evidence of a | settlement contract or insurance policy; or |
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| (i)__A financing transaction; or |
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| (2)__Employing any device, scheme or artifice to | defraud related to policies acquired pursuant to a | settlement contract; |
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