Wednesday, February 24, 2010
Will regulators kill off fledgling secondary market for death benefits?
State insurance regulators Monday voted in favor of a proposal that would allow carriers to terminate an annuity living or death benefit if a client sold the contract over the secondary market.
The management committee and full commission of the Interstate Insurance Product Regulation Commission, a group that's affiliated with the National Association of Insurance Commissioners, voted in favor of a uniform set of additional standards for guaranteed living and death benefits that are attached to individual deferred annuities...
Investment News: Will regulators kill off fledgling secondary market for death benefits?
The management committee and full commission of the Interstate Insurance Product Regulation Commission, a group that's affiliated with the National Association of Insurance Commissioners, voted in favor of a uniform set of additional standards for guaranteed living and death benefits that are attached to individual deferred annuities...
Investment News: Will regulators kill off fledgling secondary market for death benefits?
Permalink posted by markw @ 4:47 AM 
 |
 |  |
  |
