Insurance annuity sales and best interest
AN-01Draft
Document the consumer profile and recommendation
How Leela would run itEvent-driven · before making a covered annuity recommendation
Proposed stepsThe requirement
Collect relevant financial needs and objectives, evaluate reasonably available options and explain why the recommendation addresses the consumer’s situation. Record missing information, replacement considerations and the basis for proceeding.
- Before this work
- Authorized consumer-profile and product information Approved completeness criteria and a qualified recommending producer
- Applies
- Tell Leela about your company to see whether this applies.
- Status
- Setup needed
Tell Leela how you handle it today, or hand it over: see what’s next.
How Leela would run it · proposed steps
- LeelaCheck the consumer profile for missing information and assemble the recommendation evidence.Proposed step
- LeelaPrepare a comparison packet and highlight replacement considerations and inconsistent inputs.Proposed step
- Recommending agentA qualified producer evaluates the consumer's needs and options, makes the recommendation and records the rationale.Your team decides
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy libraryContents
- 01Consumer profile and recommendation rationaleControlled record with date, owner, source and review history
Evidence
Consumer profile and recommendation rationale
Insurance annuity sales and best interest §3.1
1
of 1 record
The steps are the library’s proposed workflow for this obligation: a description of the work, not a run. The records are its evidence in the library.