Chapter 5: Ethics & Fiduciary Responsibility
Ethics & Fiduciary Responsibility


The important points addressed in this lesson are:

Factors to consider when determining the suitability of a possible lifetime settlement
Disclosures required by the NAIC's Model Act
Disclosures required of members of industry trade associations
New duties facing fiduciaries in light of this new secondary market



Suitability
Disclosure
Fiduciary Responsibility
Chapter 5 Review Questions