A new survey reveals that users of the Interstate Insurance Product Regulation Commission (IIPRC) are satisfied, and provides some insight into why potential users of the organization’s system are slow to register for services.
The IIPRC was created to enable state insurance regulators to develop uniform national standards for asset protection insurance products, such as life insurance, annuities, disability income and long-term care insurance. The IIPRC establishes a central filing point for these insurance products, enhancing the speed and efficiency of regulatory decisions and allowing companies to compete more effectively in the modern financial marketplace while continuing to provide protection for consumers.
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