Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 365. Insurance Department |
Chapter 25. Other Licensees |
Subchapter 21. Regulation on the Use of Senior-Specific Certifications and Professional Designations in the Sale of Life Insurance and Annuities |
SECTION 365:25-21-1. Purpose
Latest version.
- The purpose of this regulation is to set forth standards to protect consumers from misleading and fraudulent marketing practices with respect to the use of senior-specific certifications and professional designations in the solicitation, sale or purchase of, or advice made in connection with, life insurance, annuity products or other senior-specific products such as Medicare Supplement plans, Medicare Advantage plans, and Medicare Part D Prescription Drug plans.