211 CMR 34.05 - Duties of Insurers

Current through Register 1466, April 1, 2022

(1) Each insurer shall:
(a) inform its representatives or other personnel responsible for compliance with 211 CMR 34.00 of the requirements of 211 CMR 34.00; and
(b) require with or as a part of each completed application for life insurance or annuity a statement signed by the applicant as to whether such proposed insurance or annuity will replace existing life insurance or annuity.
(c) provide the yield index figures requested by the applicant pursuant to the Notice required in 211 CMR 34.04(2)(a) when electing to provide such yield index figures to applicants.


211 CMR 34.05

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