Close Close
ThinkAdvisor

Life Health > Running Your Business

Virginia Implements Annuity Suitability Rules

X
Your article was successfully shared with the contacts you provided.

The Old Dominion State will be updating its rules for replacement of life and annuity contracts and annuity suitability April 1.

The Virginia State Corporation Commission has based the new regulations on an annuity suitability model developed by the National Association of Insurance Commissioners, Kansas City, Mo.

A copy of a notice about the regulatory update is on the Web


NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.