Advertisements of Life Insurance and Annuities Model Regulation (570) - NAIC

  • In 1985 a committee looked at problems associated with sales of annuities coupled with life insurance.
  • One suggestion was to prohibit the sale of combination products.
  • Another suggestion was to review the advertising rules to clearly indicate the joint responsibility of insurers and agents in the area of abusive sales practices.

1985-2, NAIC Proceedings

  • Mr. DeAngelo moved and Ms. Lindley-Myers seconded a motion to adopt the amended Advertisements of Life Insurance and Annuities Model Regulation (Attachment Four). The motion passed.

2000-1, NAIC Proceedings