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Annuity Planning · Tool 18 of 12

State Suitability & Replacement

State-specific replacement notice, NAIC #275 best-interest status, premium tax, free-look window, senior-scrutiny age. Outputs the compliance checklist for the contract state.

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State compliance profile

Free-look window
30 days
Premium tax
2.35%
$5,875
NAIC #275 best-interest
Not adopted

This is a replacement transaction. Required form: CA DOI Form 8. The contract owner must receive the form before signing the application.

Free-look period: 30 days. During this window the owner can rescind without penalty.

Owner is at or above CA's senior-scrutiny age. Best-interest worksheet must include heightened review fields per state rule.

State-specific notes

  • CA Insurance Code §10127.10 applies — 30 days for owners 60+. CA does not require unisex pricing for individual annuities but does for some group/employer products.
  • Owner is age 67. CA imposes heightened suitability scrutiny on transactions for owners age 60+.

Generator checklist

  • Replacement form: CA DOI Form 8
  • NAIC #275 best-interest worksheet (state adoption: no)
  • Premium tax disclosure: 2.35% / $5,875
  • Free-look reminder: 30 days from contract issue
  • Senior suitability addendum (age 67CA scrutiny age)

The Case Workspace auto-attaches these documents once compliance generators land (M31).