![]() |
TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE SUBCHAPTER l: PROVISIONS APPLICABLE TO ALL COMPANIES PART 910 CORRELATED SALES OF LIFE INSURANCE AND MUTUAL FUNDS SECTION 910.60 WRITTEN PROPOSAL
Section 910.60 Written Proposal
In any solicitation of an offer to buy or sale of life insurance in correlation with the sale of shares of a mutual fund, the prospect or policyholder must be furnished with a copy of a clear and unambiguous written proposal not later than at the time the solicitation or proposal is made. A copy of such written proposal shall be kept on file by the company. |