Life Insurance Basics
A producer adopts the title 'Certified Senior Retirement Specialist', which no organisation confers. How does Regulation 199 treat that?
Answer and explanation
Answer: B. Regulation 199 expressly reaches self-conferred and nonexistent designations, and it treats the combination of words such as senior or retirement with certified or specialist as a signal of a prohibited designation. Disclosure and the product line do not cure it.Source: New York Reg. 199, 11 NYCRR 225 — 11 NYCRR 225
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