Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69B - Division of Insurance Agent and Agency Services
Chapter 69B-162 - ANNUITY CONTRACTS
Section 69B-162.010 - Selling Methods and Advertising

Universal Citation: FL Admin Code R 69B-162.010

Current through Reg. 50, No. 187; September 24, 2024

(1) All companies authorized to issue and deliver contracts on a variable basis, all contracts, certificates and other forms in connection therewith, and all agents and other representatives are subject to the provisions of chapter 626, part IX, F.S.

(2) Illustration of benefits payable under any variable annuity contract shall not involve projections of past investment experience into the future or attempted predictions of future investment experience.

(3) No advertising, sales literature, or sales presentation for contracts on a variable basis shall be misleading, deceptive or inadequate in any way.

Rulemaking Authority 627.805 FS. Law Implemented 626.9521, 626.9541 FS.

New 12-24-74, Formerly 4-10.10, 4-10.010, 4-162.010.

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