Meaningful Disclosure

Ms. Winer <GA> said that disclosure is helpful, but only if it is meaningful.

2019/9/17, NAIC LIIIWG Proceedings (Fall, 6-77)

Ed Zimmerman, American Council of Life Insurers, expressed his concern about meaningful disclosures

stating that the ACLI did not believe the proposed amendments to the Rules Governing the Advertising of Life Insurance and the Life Insurance Disclosure Model Regulation provide meaningful disclosure.

1991-1A, NAIC Proceedings

Another key issue is something that we're calling real disclosure.

I would like you to think in terms of a friend or a cousin or someone who is not in this business but who reads our disclosure document.

-- Thomas C. Foley (State Regulator)

1997 - Keeping Current on Fixed Annuities, Society of Actuaries - 12p