What information must insurance professionals provide during the solicitation of products?

Insurance professionals are required to provide clear, accurate, and complete information regarding products and features during the solicitation process. This comprehensive approach is essential for ensuring that potential clients can make informed decisions based on a thorough understanding of what is being offered. It includes not only the essential details about the products, such as coverage, terms, and conditions, but also any limitations or exclusions that may apply.

By being transparent about all aspects of the product, insurance professionals uphold ethical standards and foster trust with their clients. This practice aligns with the principles of honesty and integrity that govern the insurance industry, ensuring that clients are not misled or left with incomplete information that could affect their financial security.

Providing only the price, general information, or focusing solely on benefits would ultimately be inadequate and potentially misleading, as clients need a holistic view of the product to evaluate its fit for their specific needs and circumstances.