Insurance Regulation 12 - Suitability in Annuity Transactions


230-RICR-20-25-1 INACTIVE RULE

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Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 20 Insurance
Subchapter 25 Life and Annuities
Part 1 Insurance Regulation 12 - Suitability in Annuity Transactions
Type of Filing Amendment
Regulation Status Inactive
Effective 01/20/2011 to 01/28/2018

Regulation Authority:

R.I. Gen. Laws 27-29-1 et seq

Purpose and Reason:

The purpose of these amendments are to update the regulation to the current version of the National Association of Insurance Commissioners model regulation and strengthen protections for consumers of annuity products.