Code of Massachusetts Regulations
211 CMR - DIVISION OF INSURANCE
Title 211 CMR 55.00 - Disclosure Requirements For Life Insurance Policies With Accelerated Benefit Provisions And Annuity Contracts With Waivers Of Surrender Charges For Early Withdrawal Of Annuity Proceeds In The Event Of Total And Permanent Disability
Section 55.01 - Purpose
Universal Citation: 211 MA Code of Regs 211.55
Current through Register 1531, September 27, 2024
The purpose of 211 CMR 55.00 is to regulate all life insurance products with accelerated benefit provisions and annuity contracts with waivers of surrender charges for early withdrawals of annuity proceeds offered in Massachusetts. The provisions of 211 CMR 55.00 supersede Division of Insurance Bulletin Number SRB-94-4.
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