Texas Statutes and Rules Common to Life and Health Insurance
How long must a replacing life insurer maintain records of replacement notices, sales proposals, and policy summary disclosures under 28 TAC § 3.1005?
Answer and explanation
Answer: A. 28 TAC § 3.1005 requires replacing insurers to retain replacement records for 5 years or until next TDI exam.Source: 28 TAC Chapter 3 / TDI Replacement Rules — Replacement Record Retention
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