by Structured Settlement Watchdog
Seen on the website of a California Structured Settlement Consultant at time of publication…
As Serge would say (with a twist of lemon) "Don't be stupid"
"12. WHAT ARE STATE LIFE INSURANCE GUARANTEE FUNDS?
Many states have legislated guarantee funds for life insurance products, including annuities. These funds may provide an extra level of protection should a life insurance company fail".
Seen in the Advertising Prohibition section of the California insurance statutes at the same time
§ 1067.17 “Use of existence of association for purpose of sales, solicitation, or inducement to purchase insurance; summary document; disclaimer; contracts not covered by association”(a) No person, including an insurer, agent, or affiliate of an insurer shall make, publish, disseminate, circulate, or place before the public, or cause directly or indirectly, to be made, published, disseminated, circulated, or placed before the public, in any newspaper, magazine, or other publication, or in the form of a notice, circular, pamphlet, letter, or poster, or over any radio station or television station, or in any other way, any advertisement, announcement, or statement, written or oral, which uses the existence of the California Life and Health Insurance Guarantee Association for the purpose of sales, solicitation, or inducement to purchase any form of insurance covered by the California Life and Health Insurance Guarantee Association Act".
The California Certified Structured Settlement Consultant claims to work with clients all across the country. Similar laws exist in those states too!