Fla. Admin. Code Ann. R. 69B-162.010 - Selling Methods and Advertising
(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.
Notes
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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