Final answer:
Annuity contract applications sold by RRs must include accurate and complete information about the client, as well as clearly outline the terms and conditions of the contract.
Step-by-step explanation:
Annuity contract applications sold by RRs must meet certain requirements and include specific information.
When filling out annuity contract applications, RRs (Registered Representatives) must provide accurate and complete information about the client, including their financial situation, investment objectives, and risk tolerance.
The annuity contract application must also clearly outline the terms and conditions of the contract, such as the surrender period, death benefit options, and any fees or charges associated with the annuity.