Medicare & Senior InsuranceQuestion 217 of 315
Before meeting a 70-year-old prospect in their home to discuss life insurance or annuities, a California agent must:
a.Bring a notary public to the appointment
b.Obtain written approval from the California Department of Insurance
c.Deliver a written notice at least 24 hours in advance
d.Pay the prospect a $20 disclosure fee
Explanation
Insurance Code §789.10 requires a written notice at least 24 hours before an in-home appointment with a senior (65+) to discuss life insurance or annuities. The notice must identify who will attend and what products will be discussed.
Law Reference: Cal. Ins. Code §789.10Practice all 315 questions free — no signup required.
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