West Virginia adopts updated annuity disclosure rule/buyer’s guide

May 13, 2015 by Daniel Williams

According to a release from NAFA, “On April 24, 2015, the West Virginia Office of the Insurance Commissioner filed the final amended annuity disclosure rule, 114 CSR 11E, with the W. VA Secretary of State, adopting the updated NAIC Annuity Disclosure Model Regulation #245 (as revised in 2011), which includes the adoption of the updated 2013 Annuity Buyer’s Guide.”

NAFA stated that, “For sales of fixed annuities, either the “2013 Buyer’s Guide for Deferred Annuities” or the “2013 Buyer’s Guide for Deferred Annuities – Fixed” can be used.

Additional notes from the release: Click HERE

Originally Posted at LifeHealthPro on May 13, 2015 by Daniel Williams.