FLORIDA SUITABILITY OF LIFE INSURANCE AND ANNUITY …
The subject of the suitability of annuity sales to seniors was addressed in 2004 when Florida created FS 627.4554 a version of the National Association of Insurance Commissioner’s (NAIC) “Senior Protection in Annuity Transactions Model Regulation”. A white paper published by the Florida DFS in March of 2008 basically stated that the ................
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