25. Which of the following best defines the purpose of the NAIC annuity suitability model regulation?...
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25. Which of the following best defines the purpose of the NAIC annuity suitability model regulation? so that the insurance needs and financial objectives of consumers are appropriately addressed" b."... so that class-action suits against authorized insurers and licensed producers are avoided" (c.". "... so that licensed producers are better educated on the benefits and drawbacks of annuity products" d. ". so that insurers maintain unencumbered assets equal to the insurer's reserve liabilities" 25. Which of the following best defines the purpose of the NAIC annuity suitability model regulation? so that the insurance needs and financial objectives of consumers are appropriately addressed" b."... so that class-action suits against authorized insurers and licensed producers are avoided" (c.". "... so that licensed producers are better educated on the benefits and drawbacks of annuity products" d. ". so that insurers maintain unencumbered assets equal to the insurer's reserve liabilities"
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The purpose of this regulation is to require insurers to establish a system t... View the full answer
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: ?978-0073379609
15th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
Posted Date:
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