A new rule adopted by the Ohio Department of Insurance declares that agents’ use of senior-specific certifications in the sale of life insurance, health insurance (including Medicare) and annuities amounts to unfair sales practices. According to department director Mary Jo Hudson, “We adopted this rule to help protect Ohio’s seniors from those agents who hold themselves out as specialists in the senior insurance market by using misleading, non-accredited certifications and designations to scam trusting seniors and make a quick sale.”
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