Regulators tackle life buyer guide update
February 21, 2017 by Allison Bell
A team at the National Association of Insurance Commissioners is working on an update of the standard Life Insurance Buyer’s Guide.
The NAIC’s Life Insurance Buyer’s Guide Working Group held one conference call meeting on the topic earlier this month and scheduled a second conference call meeting for Feb. 7.
The group has posted an example of a life insurance calculator on its section of the NAIC’s website, a consumer guide prepared by the American Council of Life Insurers, and one regulator’s proposed revision of the existing NAIC guide.
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