Disclosure Questions

All Disclosure Questions must be answered. Any Yes response requires an explanation.

The individual disclosure questions are found in Appendix 5: Individual Disclosure Questions herein. Defined terms used in the disclosure questions are identified with hover text and they also appear in the Explanation of Terms

A separate explanation for regulator review should be provided for each event related to a disclosure question. Each explanation should include all details related to a single event. i.e., not multiple explanations related to the same event.

Within each explanation, if the state requires supporting documentation, all documents pertain to that single event should be included in a single PDF. i.e., do not create multiple explanations, just so you can upload multiple PDFs.

Note: Some states may require companies to provide supporting documentation for Yes responses. Consult state specific licensing requirements for this information.

Multiple explanations and hence more than one pdf may be provided if multiple events are related to a single question.

Explanations to No responses are optional. If an individual chooses to upload an explanation in connection with a No response, they can do so in the last Disclosure Question subsection.

Consult Appendix 3: Disclosure Explanations Reference—Document Upload for additional information.

Individuals are required to update their Disclosure Questions when circumstances change inaccordance with state law or within 30 days, whichever is shorter. This includes answers that are changed from Yes to No. A change in response requires an update to the Disclosure Explanation section. The update should state why the response was changed.