The Annuity Suitability Questionnaire (DFS-H1-1980) is a government document issued by the Department of Financial Services for use in Florida and designed to assess the suitability of annuity products for consumers before purchase.
This form is necessary to ensure that the annuity offered aligns with the prospective buyer's financial situation, objectives, and needs. Intended for individuals considering an annuity in Florida, it collects information on the buyer's economic status, investment objectives, and other relevant details to guide the selection process.
Financial advisors or insurance agents typically assist clients in filling out this form, which should be submitted as part of the annuity purchase process.
Submission details, including deadlines, methods (online, mail), and any associated costs, vary based on the specific requirements of the issuing institution or agent.
This form is necessary to ensure that the annuity offered aligns with the prospective buyer's financial situation, objectives, and needs. Intended for individuals considering an annuity in Florida, it collects information on the buyer's economic status, investment objectives, and other relevant details to guide the selection process.
Financial advisors or insurance agents typically assist clients in filling out this form, which should be submitted as part of the annuity purchase process.
Submission details, including deadlines, methods (online, mail), and any associated costs, vary based on the specific requirements of the issuing institution or agent.