National-PC-VII Federal Regulation medium
FinCEN's anti-money-laundering rule for insurance companies (31 CFR §1025) requires an AML compliance program for which of the following 'covered products'? A All property and casualty policies issued in interstate commerce, because the flow of premium dollars exposes every single line to money-laundering risk under FinCEN's covered-products rule. B Workers' compensation and commercial auto policies that exceed $250,000 in annual written premium per individual named insured account, measured at each policy renewal. C Title insurance policies and surety bonds carrying single penal limits above $1 million per covered obligation, together with their associated reinsurance treaties. D Permanent (cash-value) life insurance, annuity contracts other than group, and any other insurance products with cash-value or investment features.
