Thursday, January 19, 2006
NAIC May Expand Scope of Suitability Rules
Life insurers are wary of state insurance regulators’ plans to rewrite provisions of a key annuity sales model regulation.
The Senior Protection in Annuity Transaction model regulation, adopted in 2003 by the National Association of Insurance Commissioners, Kansas City, Mo., currently covers the suitability of sales of annuities only to persons age 65 and older.
NAIC May Expand Scope of Suitability Rules
Source: National Underwriter (subscription required)
The Senior Protection in Annuity Transaction model regulation, adopted in 2003 by the National Association of Insurance Commissioners, Kansas City, Mo., currently covers the suitability of sales of annuities only to persons age 65 and older.
NAIC May Expand Scope of Suitability Rules
Source: National Underwriter (subscription required)
Permalink posted by armandn @ 11:29 AM 
 |
 |  |
  |
