Insurance Agent (Producer) Disclosure for Annuities - Kentucky

Insurance Agent (Producer) Disclosure for Annuities is a legal document that was released by the Kentucky Department of Insurance - a government authority operating within Kentucky.

FAQ

Q: What is the Insurance Agent (Producer) Disclosure for Annuities?A: It is a disclosure that insurance agents (producers) must provide when selling annuities in Kentucky.

Q: Why is the disclosure required?A: The disclosure is required to ensure that consumers are provided with important information about annuities before making a purchase.

Q: What information is included in the disclosure?A: The disclosure includes information about the annuity contract, surrender charges, fees, potential tax implications, and other important details.

Q: Who is responsible for providing the disclosure?A: Insurance agents (producers) are responsible for providing the disclosure to consumers before selling an annuity.

Q: What should consumers do with the disclosure?A: Consumers should carefully review the disclosure and ask any questions they may have before making a decision about purchasing an annuity.