211 CMR, § 55.01

Current through Register 1538, January 3, 2025
Section 55.01 - Purpose

The purpose of 211 CMR 55.00 is to regulate all life insurance products with accelerated benefit provisions and annuity contracts with waivers of surrender charges for early withdrawals of annuity proceeds offered in Massachusetts. The provisions of 211 CMR 55.00 supersede Division of Insurance Bulletin Number SRB-94-4.

211 CMR, § 55.01