Continued Efforts for Insurer Responsibility

Panneton, Ron
October 2001
Advisor Today;Oct2001, Vol. 96 Issue 10, p86
Trade Publication
Provides information on a proposed draft of the Life Insurance and Annuities Suitability Model Regulation. Efforts of the National Association of Insurance and Financial Advisors (NAIFA) for insurer responsibility; Meeting of NAIFA State Law and Legislation Chair Tony Cammack with Utah Insurance Commissioner Merwin Stewart; Opposition of NAIFA to the provisions in the draft model which allows insurers to avoid responsibility for the recommendations of their producers.


Related Articles

  • You Are A Legend. Wolff, Thomas John // Advisor Today;Dec2000, Vol. 95 Issue 12, p138 

    Argues that allowing prospective clients to set priorities will often result in the sale of an accumulation product when life insurance is the appropriate solution. Role of an advisor; Opinion on the sales process or planning system; Example of a waiver of premium at work.

  • Advisers split on providers pushing other products.  // Money Marketing;7/19/2012, p20 

    The article discusses highlights of a panel discussion on whether life protection providers should recommend various products to advisers, held during the Protection Review conference in London, England in July 2012.

  • Life commissions perverted for market share. SPITS, JASON // Money Management;12/11/2014, Vol. 28 Issue 36, p3 

    The article reports that the use of life insurance commissions aggressively to gain market share to pay advisers has become perverted by product manufacturers.

  • Coming Out of the Dark. Friedman, Amy S. // LAN: Life Association News;Jul99, Vol. 94 Issue 7, p64 

    Presents a story about how everyone can use learned and patient life and financial advice. Importance of financial advisors; Settlement cost for death-related lawsuits; Adviser-client relationship.

  • American College awards professional designations.  // Best's Review;Jan2000, Vol. 100 Issue 9, p109 

    Reports that the American College awarded several Chartered Life Underwriter and Chartered Financial Consultant designations in October 1999.

  • Ultimately, Fairness Will Prevail Over Self-Interest. Bobo, Jack // National Underwriter / Life & Health Financial Services;4/15/2002, Vol. 106 Issue 15, p24 

    Offers opinion on the application of the concept of suitability to life insurance products. Objective of life insurance agents; Abuses of the suitability concept; Details of a 2002 joint meeting between National Association of Insurance and Financial Advisors and the Society of Financial...

  • Life offices offer to pay PI premium for place on panels. Bone, Alison // Money Marketing;6/3/2004, p60 

    Reports that life insurance providers are offering to pay independent financial advisers' (IFAs) professional indemnity insurance in order to be on their multi-tie panels. Components of additional services; IFAs which have been approached by providers.

  • Life choices on platforms. Boldeman, Andrew // Money Management;3/26/2009, Vol. 23 Issue 10, p12 

    In this article the author discusses regarding technology change in life insurance market. The author states that technology alteration is pushing the life insurance market in important ways and using for life is easier than ever for advisors. The author avers that the alterations have made the...

  • Putting a stop to bad communication. lu, Allen // Money Management;8/23/2012, Vol. 26 Issue 32, p24 

    The article offers the author's insights on the changes communication evolution contributes to the way the life insurance industry connects with customers. The author states that financial adviser partners play a crucial part in communicating directly with consumers in a micro level of the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics