Regulators received comment from insurers and consumer advocates as they pursue the development of model regulation that will provide oversight on the use of senior-specific certifications and professional designations.
During the discussion of the Life Insurance and Annuities "A" Committee of the National Association of Insurance Commissioners, Kansas City, Mo., the following recommendations were offered:
–There is a need for guidance on illustrations.
–That such work should be separate from the issue of senior designations.