Part 343 - Consumer Protection in Sales of Insurance
Fulfill Your FDIC Requirements
This regulation applies to any bank or any person that is engaged in the sale of insurance products or annuities to a consumer. The regulation prohibits requiring the purchase of an insurance product as a condition of an extension of credit. In addition, the rule sets forth the disclosure requirements, where insurance activities can take place and the qualification and licensing requirements for employees who sell insurance products.
- Consumer Protection for Depository Institution Sales of Insurance Summary
- Non-Deposit Investment Sales Policy
- Consumer Protection for Depository Institution Sales of Insurance Checklist