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Interstate Insurance Product Regulation Commission was created in 2000.

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11y ago

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What agency deals with social regulation?

Through such agencies as the Occupational Safety and Health Administration, the Consumer Product Safety Commission, the Food and Drug Administration, the Equal Employment Opportunity Commission, and the EPA


When was U.S Consumer Product Safety Commission created?

U.S. Consumer Product Safety Commission was created in 1972.


Who regulates variable life insurance policies?

A variable life insurance policy is a type of whole life policy. The primary difference is that the policyholder can designate an investment vehicle, often a mutual fund, into which to invest. Therefore, the portion of the premium that accumulates as cash value does so within the mutual fund, rather than within the insurance policy. That said, since the product is fundamentally an insurance policy, the state department of insurance is the primary regulator. To the extent that a security is involved (the mutual fund), there may be co-regulation by the state entity that regulates securities, or by the Securities and Exchange Commission which is a federal body. A variable life insurance policy, or any other insurance policy, should be viewed as insurance and not as an investment. There may be some financial flexibility afforded by a product such as this, but it is fundamentally death protection.


How can you set commission for affiliates in LETVC?

When you are setting the price for sale/rental of your product in creating product page, you can simply add the commission rate (maximum 70%) that you are willing to pay to affiliates for promoting your product. LETVC system commission rate is 19% on each sale/rental of your product therefore your final withdrawable revenue is the remaining after deduction of LETVC system commission and the commission you have set for affiliates.


Is commission a selling or administrative expense?

If commission is paid on selling the product then it is selling expense .


What is deregulation in commission?

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What does CPSC stand for?

Consumer Product Safety Commission


What commission was created in 1972 to protect consumers against hazardous products?

The Consumer Product Safety Commission.


Where to buy product liability insurance?

Insurance Company


Which if these actions can the consumer product safety commission take to protect the consumer?

Recall an unsafe product.


What actions can the Consumer Product Commission take to help protect consumers?

Recall an unsafe product.


What is Consumer Product Safety Commission responsible for?

The Consumer Product Safety Commission is responsible for reviewing the safety of products that will be used by individual consumers, rather than as part of a business activity.