Notice of Variances and Waivers

DEPARTMENT OF FINANCIAL SERVICES
Division of Insurance Agents and Agency Services
RULE NO: RULE TITLE
69B-162.011: Suitability and Disclosure in Annuity Contracts-Forms Required.
NOTICE IS HEREBY GIVEN that on December 01, 2009, the Department of Financial Services, Division of Agent and Agency Services, received a petition for permanent variance, filed by American Equity Investment Life Insurance Company. The petition seeks a permanent variance from the requirement in Form DFS-H1-1908, Annuity Suitability Questionnaire, incorporated in Rule 69B-162.011, F.A.C., that specific disclosures be made to senior annuity buyers who refuse to provide requested information. The petition is based on the condition that the company will not sell annuities to seniors who refuse to provide requested information.
A copy of the Petition for Variance or Waiver may be obtained by contacting: Barry Lanier, Chief of Investigations, Bureau of Investigation, Division of Agent and Agency Services, Department of Financial Services, 200 East Gaines Street, Tallahassee, FL 32399-0319, (850)413-3136.