Thursday, December 14, 2006
NAIC alters STOLI policy to halt abusive practices
The life insurance and annuities committee of the National Association of Insurance Commissioners (NAIC) has adopted amendments to the viatical settlements model regulation.
In an effort to curb the application of stranger-oriented life insurance (STOLI), the amendments would enforce a five-year sales ban on policies that are financed with the intent to be sold to investors, according to the NAIC...
Producers Web: NAIC alters STOLI policy to halt abusive practices
In an effort to curb the application of stranger-oriented life insurance (STOLI), the amendments would enforce a five-year sales ban on policies that are financed with the intent to be sold to investors, according to the NAIC...
Producers Web: NAIC alters STOLI policy to halt abusive practices
Permalink posted by markw @ 5:41 AM 
 |
 |  |
  |
