DFS Rule Hearing: Suitability and Disclosure in Annuity Sales to Senior Citizens Contracts–June 16
May 19, 2009
The Florida Department of Financial Services (“DFS”), Division of Agent and Agency Services has issued a Notice of Proposed Rulemaking regarding the following Rule:
- 69B-162.011: Suitability and Disclosure in Annuity Contracts-Forms Required
The proposed Rule would adopt an Annuity Suitability form and a Disclosure and Comparison form to be used when an insurance agent sells an annuity to a senior consumer.
A copy of the proposed Rule text and related forms are attached for your review.
If requested in writing within 21 days of the date of this notice (May 22), a hearing will be held at the date, time and place shown below:
Date: Tuesday, June 16, 2009
Time: 9:30 a.m.
Place: Room 142 of the Larson Building, 200 East Gaines Street, Tallahassee, Florida
Should you have any questions or comments, please contact Colodny Fass.
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