Form FIS2367 Insurance Agent (Producer) Disclosure for Annuities - Michigan

What Is Form FIS2367?

This is a legal form that was released by the Michigan Department of Insurance and Financial Services - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form FIS2367?
A: Form FIS2367 is an Insurance Agent (Producer) Disclosure for Annuities specifically used in Michigan.

Q: Who is required to use Form FIS2367?
A: Insurance agents (producers) selling annuities in Michigan are required to use Form FIS2367.

Q: What is the purpose of Form FIS2367?
A: The purpose of Form FIS2367 is to provide consumers with important information about annuities and to disclose certain key features and terms of the annuity contract.

Q: What information does Form FIS2367 disclose?
A: Form FIS2367 discloses information such as the surrender charges, fees, and expenses associated with the annuity, as well as any bonuses or additional benefits provided.

Q: Is Form FIS2367 specific to Michigan?
A: Yes, Form FIS2367 is specific to Michigan and is used for annuity sales in the state.

Q: Do I need to sign Form FIS2367?
A: Yes, as a consumer, you will need to sign Form FIS2367 to acknowledge that you have received and reviewed the disclosure before purchasing an annuity.