ING Anti-Money Laundering Reminder
04-14-2008
The ING Life Companies consider it a shared obligation to help prevent money laundering and the financing of terrorist activities.
To comply with federal regulations for insurance companies, the Life Companies have a detailed anti-money laundering program (see attached to the right). You have an important role to play in that program. Producers and ING home office employees will often be in a critical position to obtain and access information regarding the customer, their source of funds for ING products, and the customer's reasons for purchasing an insurance product.
In order to sell individual annuities and life insurance the Company's anti-money laundering program requires that all information requested on the product application and associated documents be accurate and complete.
Failure to comply with the ING Life Companies' program and all applicable anti-money laundering laws will constitute grounds for discipline up to and including termination. In addition, violations of anti-money laundering laws expose those involved to substantial penalties under federal law.
For more information, questions, or concerns, please contact BUA.
