Life Insurance Basics
What is the governing requirement for life insurance advertising?
Answer and explanation
Answer: C. Advertising rules turn on the overall impression the material creates, so an advertisement may not mislead by what it says, omits, or implies. Filing, attribution and premium quotation are not universal requirements.Source: PSI — New York DFS Insurance Candidate Information Bulletin — Outline, advertising
More life insurance basics questions
- What is the function of the buyer's guide given to a life insurance applicant?
- What is the Medical Information Bureau?
- What is the position of the Life Insurance Company Guaranty Corporation of New York in a sales presentation?
- What is the producer's core obligation in a sales presentation?
- What is the producer's responsibility for the answers recorded on a life insurance application?
- What is the standing of the agent's report accompanying a life insurance application?
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