Advisor Disclosure (for application to Group Benefits and Group Retirement business)

Reference Document

ADVISOR DISCLOSURE
(for application to Group Benefits and Group Retirement business)

When a plan sponsor is considering the purchase of a group life and health insurance or group retirement plan, it is important that they have good information about the product, how it meets their needs, the company offering the product, and the advisor and the advisor’s business relationships. This chart focuses on disclosure about the advisor which should be given in writing to the plan sponsor prior to the sales transaction. For the purposes of this document, "advisor" refers to anyone receiving commission compensation for placing business with an insurer, other than an insurance company employee...