2008 House Bill 6523

Mandate disclosures, right of rescission for annuities

Introduced in the House

Sept. 24, 2008

Introduced by Rep. Bob Constan (D-16)

To require insurance sellers to provide additional disclosures to customers buying annuity contracts, and to require a 30 day right of rescission period for a person who purchases an annuity and changes his or her mind.

Referred to the Committee on Insurance