Suitability in Annuity Transactions: A Comparison of the 2008 Amendments to the Suitability Laws in Florida and Connecticut [LexisNexis]

During September 2003, the National Association of Insurance Commissioners adopted the Suitability in Annuity Transactions Model Regulation (Suitability Model) to establish uniform standards and procedures for ensuring that annuity purchases and exchanges were suitable to the insurance needs and financial objectives of senior citizens.

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A. Kenneth Levine

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