NAIC Regulators Debate Extending Annuity Sales Rule To In-Force Policies
September 17, 2019 by John Hilton
State regulators returned to a potential land mine today in debating whether in-force policies will be covered under any annuity sales model law sent to the states for adoption.
The Annuity Suitability Working Group held its first two-hour call in a speeded-up timeline designed to finally complete the model law. The group wants to present the model to the A Committee during the National Association of Insurance Commissioners’ fall meeting in December.
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Originally Posted at InsuranceNewsNet on September 17, 2019 by John Hilton.
Categories: Industry Articles