Life Insurance and Annuity Policy Form Regulation Quiz

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5 Questions

Which system is used for electronic filing of forms for individual life insurance and annuity contracts and individual accident and health policies?

SERFF

How long does the Commissioner have to review a form for individual life insurance and annuity contracts and individual accident and health policies?

90 days

What type of policies require state-specific language in the filing?

Individual life insurance and annuity contracts

What is the purpose of the filing transmittal letter for group policies?

To obtain approval for the policy forms

Which organization has adopted the corresponding system for electronic filing?

NAIC

Test your knowledge on the regulation and approval process for life insurance and annuity policy forms. Learn about the requirements for filing and approval, including the electronic submission process.

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