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Vida Life
United States
2019 (6 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Vida Life
Company Information
Get to know Vida Life
Vida Insurance is a corporation incorporated under the laws of the State of Delaware. The company is in the startup stage and its main focus is selling instant-issue life, and savings products all on our proprietary digital landscape targeting the $1.4 trillion dollar U.S. Hispanic buying power. Today, only 20 percent of Hispanics own individual life insurance compared with 37 percent of the general population.
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- Financial InsurancePRIMARY
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