Montana Adopts Changes to Suitability Rules

Financial professionals in Montana must complete required training due to National Association of Insurance Commission (NAIC) revisions to its Model Regulation 275, Suitability in Annuity Transactions. Please Note: Montana requires the financial professional to provide the basis of recommendation to the client in writing at the time of the recommendation. For those partnerships where AIG conducts suitability this is completed via the Client Profile Form.