Life Insurance & Annuities Best Practices

Expansion of New York Regulation 187 to Affect Life Insurance Sales

Starting on February 1, 2020, New York licensed life insurance producers must meet a “best interest” standard when making recommendations to clients. While Big I New York proceeds with its legal action against this change, insurance agents must comply. 

IMPORTANT RESOURCES.

Suitability Information Questionnaire

Term

Non-Term

Policy Features & Consequences



WATCH.

Two Minutes With Tim: NY Reg 187



Two Minutes With Tim: Best Interest Standard (NYS Reg 187)


GearUP! Webinar: Expansion of Reg 187



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