
Sign up to save your podcasts
Or


SB 263 — which could be a model for other states — will decrease the number of sales of life insurance and annuities to consumers that are not in consumers' best interests by prohibiting insurance producers from receiving incentives beyond allowable commissions or fees (such as prizes, rent reimbursement, etc.) for their sales and also prohibiting producers from making sales when they do not know if the product is in the consumer's best interest.
Bill also covers sale of life insurance products.
By Daniel Otter4.8
115115 ratings
SB 263 — which could be a model for other states — will decrease the number of sales of life insurance and annuities to consumers that are not in consumers' best interests by prohibiting insurance producers from receiving incentives beyond allowable commissions or fees (such as prizes, rent reimbursement, etc.) for their sales and also prohibiting producers from making sales when they do not know if the product is in the consumer's best interest.
Bill also covers sale of life insurance products.

3,566 Listeners

3,259 Listeners

1,999 Listeners

811 Listeners

1,304 Listeners

546 Listeners

5,152 Listeners

754 Listeners

559 Listeners

695 Listeners

602 Listeners

831 Listeners

204 Listeners

128 Listeners

1,065 Listeners