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APPENDIX 10A * DEPARTMENT OF FINANCIAL SERVICES OF THE STATE OF NEW YORK DISCLOSURE STATEMENT IMPORTANT: IT MAY NOT BE IN YOUR BEST INTEREST TO SURRENDER, LAPSE, CHANGE OR BORROW FROM EXISTING LIFE

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Who needs licony annuity disclosure statement?

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Insurance companies offering annuity products need to provide licony annuity disclosure statement to their clients.

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Clients purchasing annuities also need to receive licony annuity disclosure statement for transparency and understanding of the product.

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What is licony annuity disclosure statement?

The LICONY Annuity Disclosure Statement is a document that insurance companies are required to file to provide detailed information about the annuities they offer to consumers.

Who is required to file licony annuity disclosure statement?

Insurance companies that offer annuities are required to file the LICONY Annuity Disclosure Statement.

How to fill out licony annuity disclosure statement?

The LICONY Annuity Disclosure Statement can be filled out online through the designated portal provided by LICONY. Insurance companies must provide accurate and detailed information about the annuities they offer.

What is the purpose of licony annuity disclosure statement?

The purpose of the LICONY Annuity Disclosure Statement is to provide transparency and visibility into the annuities offered by insurance companies, ensuring that consumers have access to important information before making decisions.

What information must be reported on licony annuity disclosure statement?

The LICONY Annuity Disclosure Statement must include details about the terms, conditions, fees, and risks associated with the annuities offered by the insurance company.

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