Rate information should be displayed only when LAD can verify that the relevant source set is current and complete. When that verification is not available, the rate view is withheld rather than presented as current.
For insurance professionals. Always verify the rate, product, guarantee period, state availability, premium limits, surrender terms, producer appointment, and compensation against current carrier materials before use.
What to verify before discussing a rate
- The carrier and product are currently available in the client’s state.
- The producer is properly licensed, trained, and appointed.
- The rate applies to the intended premium, issue age, guarantee period, and application date.
- The surrender schedule, withdrawal provisions, market-value adjustment, renewal terms, and other contract conditions have been reviewed.
- The carrier’s current disclosure, suitability, and application materials are being used.
Rate information alone is not a recommendation and does not describe every contract term, risk, tax consideration, or client-specific suitability factor. The issuing carrier’s contract and approved materials control.
Need case-specific information?
Authorized insurance professionals can ask LAD to confirm the appropriate source materials and operational next step for a proposed case. Do not present a displayed rate as locked or available until the carrier confirms it under the applicable rules.