Washington Life Producer Practice Exam

Which information is required in an advertisement for an annuity product?

1. Company logo

2. Maria's contact information

3. The name of the insurance board

4. Her name

The correct answer is: Her name

In the context of advertisements for annuity products, it is essential to include specific information that helps ensure transparency and protect consumers. The correct choice is the requirement of including the name of the person or entity promoting the product, which contributes to accountability and allows potential customers to know who is responsible for the advertisement. Including her name in the advertisement helps establish credibility and gives consumers a point of contact for any questions or concerns they may have regarding the annuity product being advertised. This measure is part of regulatory requirements intended to prevent fraudulent or misleading advertising practices, ensuring that consumers have access to accurate and identifiable sources of information. While other options such as a company logo or contact information can be useful, they are not universally mandated for all annuity advertisements. Notably, the name of the insurance board does not need to be displayed prominently in such advertisements either. The focus is primarily on identifying the individual or company presenting the annuity product to foster trust and enable consumers to make informed decisions.