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| The Senate Committee on State Affairs will meet to take up the following |
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| Charge #7 - Study the transparency of organizational structures, policies |
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| and coverage associated with health insurance underwriters/agents and the |
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| relationship between underwriters/agents and policyholders. |
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| Charge #8 - Study the sale of annuities in Texas, particularly to seniors. |
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| Evaluate the requirements relating to rescission of an annuity contract, |
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| payment of surrender fees, return of money, contract forms, including a |
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| standard contract form, buyer's guide, agent's commission and disclosure |
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| of an agent's commission. Make recommendations for legislation, if |
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| needed, and consider whether the insurance commissioner by rule may limit |
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| *Public testimony will be limited to 3 minutes per person. |
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| *If providing written testimony or handouts, please submit 20 copies with |
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| your name on each copy to committee staff. |
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