- (1) All companies authorized to issue and deliver contracts on a variable basis, all contracts, certificates and other forms in connection therewith, and all agents and other representatives are subject to the provisions of chapter 626, part IX, F.S.
- (2) Illustration of benefits payable under any variable annuity contract shall not involve projections of past investment experience into the future or attempted predictions of future investment experience.
- (3) No advertising, sales literature, or sales presentation for contracts on a variable basis shall be misleading, deceptive or inadequate in any way.
Rulemaking Authority 627.805 FS. Law Implemented 626.9521, 626.9541 FS. History–New 12-24-74, Formerly 4-10.10, 4-10.010, 4-162.010.