14 Va. Admin. Code § 5-43-10

Current through Register Vol. 40, No. 22, June 17, 2024
Section 14VAC5-43-10 - Applicability
A. The purpose of this chapter is to set forth standards to protect consumers from misleading and fraudulent trade practices with respect to the use of senior-specific certifications and professional designations in the marketing, solicitation, sale or purchase of, or advice made in connection with, a life or accident and sickness insurance or an annuity product.
B. This chapter shall apply to any marketing, solicitation, sale or purchase of, or advice made in connection with, a life or accident and sickness insurance policy or annuity product by an insurance agent, whether issued on an individual or group basis. This includes, but is not limited to, fixed and variable annuities, long-term care insurance, including long-term partnership plans, Medicare Supplement, Medicare Part C, and Medicare Part D.

14 Va. Admin. Code § 5-43-10

Derived from Virginia Register Volume 25, Issue 19, eff. May 15, 2009.

Statutory Authority

§§ 12.1-13 and 38.2-223 of the Code of Virginia.