L&HMAhard
211 CMR 34.00's disclosure, notice, and recordkeeping architecture most closely tracks which NAIC model regulation?
ANAIC Model 275 — Suitability in Annuity Transactions
BNAIC Model 582 — Life Insurance Illustrations
NAIC Model 613 — Life and Annuities Replacement
DNAIC Model 641 — Long-Term Care Insurance
Why this is the answer
211 CMR 34.00 mirrors NAIC Model 613, the Life Insurance and Annuities Replacement Model Regulation, in defining replacement, requiring the Notice Regarding Replacement signed by producer and applicant, written notice to each existing insurer, and records kept at least three years or until the next examination.
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