Ill. Admin. Code tit. 50, pt. 3120 - SUITABILITY IN ANNUITY TRANSACTIONS

  1. § 3120.10 - Purpose
  2. § 3120.20 - Scope
  3. § 3120.30 - Exemptions
  4. § 3120.40 - Definitions
  5. § 3120.50 - Duties of Insurers and Insurance Producers
  6. § 3120.60 - Insurance Producer Training
  7. § 3120.70 - Compliance Mitigations; Penalties
  8. § 3120.80 - Recordkeeping
  9. § 3120.90 - Noncompliance
  10. Appendix A - Insurance Producer Disclosure for Annuities, version 10
  11. Appendix B - Consumer Refusal to Provide Information, version 6
  12. Appendix C - Consumer Decision to Purchase an Annuity Not Based on a Recommendation, version 5

Notes

Ill. Admin. Code tit. 50, pt. 3120

Adopted at 31 Ill. Reg. 12747, effective January 1, 2008; amended at 35 Ill. Reg. 16087, effective September 26, 2011.

 Amended at 47 Ill. Reg. 2312, effective 2/3/2023.

AUTHORITY: Implementing and authorized by Article XXXI of the Illinois Insurance Code [215 ILCS 5 ] and further authorized by Section 401 of the Illinois Insurance Code [215 ILCS 5 ].

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