Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-162 - ANNUITY CONTRACTS
Section 69O-162.010 - Selling Methods and Advertising

Universal Citation: FL Admin Code R 69O-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 VII, Florida Statutes.

(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.

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

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

Disclaimer: These regulations may not be the most recent version. Florida may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.