Wash. Rev. Code § 48.102.110

General rules

Providers may enter into life settlement contracts with terminally or chronically ill policy holders, but must comply with the following rules regarding confidentiality and consent:

•       An attending physician must declare, in writing, that the patient-policy holder “is of sound mind” and free from undue influence before the provider may enter into the contract.
•       Before entering into a contract, the patient-policy holder must execute a document consenting to the release of their medical records to the “provider, settlement broker, or insurance producer” and, if the policy is less than two years old, the issuer.
•       The patient-policy holder must, either before or during execution of the settlement contract, attest before a witness that (1) they consent to the contract; (2) they fully understand the terms of the contract; (3) the contract is a product of their free will; and, if applicable, (4) their terminal or chronic illness arose after the issuance of the insurance policy.
•       Any medical information obtained pursuant to the process of executing a life settlement contract is confidential and will be protected by Washington’s confidentiality law.