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An insurance agent completed an annuity transaction for a client in 2012. When is the earliest the agent can dispose of records of consumer information used in making the recommendation?

A. 2022
B. 2017
C. 2015
D. 2020


Sagot :

Final answer:

Insurance agents must adhere to specific retention periods for consumer information. In this case, the agent can likely dispose of records by 2022.


Explanation:

An insurance agent must keep consumer information used in making recommendations for a specific period, which is generally dependent on regulations set by governing bodies or the insurance company itself. In this case, the earliest the agent can dispose of records of consumer information used in making the recommendation would likely be 2022.


Learn more about Insurance agent record retention regulations here:

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