Friday, July 21, 2006
Senate Clears Bill to Tighten Rules on Military Life Insurance Sales
The U.S. Senate unanimously passed a bill to extend state consumer protection and suitability requirements to sales of life insurance and other financial products to U.S. armed forces personnel.
With the passage of S. 418, the Military Personnel Financial Services Protection Act, Congress will need to reconcile minor differences between it and a similar measure — H.R. 458, sponsored by Rep Geoff Davis, R-Ky. — that passed the House by a 405-2 margin in June 2005.
Senate Clears Bill to Tighten Rules on Military Life Insurance Sales
Source: AM Best (subscription required)
With the passage of S. 418, the Military Personnel Financial Services Protection Act, Congress will need to reconcile minor differences between it and a similar measure — H.R. 458, sponsored by Rep Geoff Davis, R-Ky. — that passed the House by a 405-2 margin in June 2005.
Senate Clears Bill to Tighten Rules on Military Life Insurance Sales
Source: AM Best (subscription required)
Permalink posted by armandn @ 8:02 AM 
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