- (a) The purpose of this part is to provide standards for the disclosure of certain minimum information about annuity contracts to protect consumers and foster consumer education.
- (b) This part specifies the minimum information that must be disclosed and the method for disclosing it in connection with the sale of annuity contracts.
- (c) The goal of this part is to ensure that purchasers of annuity contracts understand certain basic features of annuity contracts.