New York Codes, Rules and Regulations
Title 11 - INSURANCE
Chapter III - Policy and Certificate Provisions
Subchapter A - Life, Accident and Health Insurance
Part 53 - Life And Annuity Cost Disclosure And Sales Illustrations
Subpart 53-1 - General Provisions
Section 53-1.2 - Applicability
Universal Citation: 11 NY Comp Codes Rules and Regs ยง 53-1.2
Current through Register Vol. 46, No. 39, September 25, 2024
This Part shall apply to all insurers, fraternal benefit societies, and life insurance departments of savings banks licensed to do business in this State. This Part shall be applicable to any act of solicitation, negotiation or procurement of a life insurance policy or an annuity contract within the State including any act done by mail, telephone, electronic or any other method to present the information required by section 3209 of the Insurance Law, and shall be applicable to any illustration presented in this State for the purpose of proposing to make a sale of a life insurance policy or an annuity contract.
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