What does an SOA confirm?

The Statement of Authorization (SOA) is a crucial document that confirms an individual's consent to discuss specific product types during a one-on-one meeting with a representative. This permission is focused on the context of the appointment, ensuring that the conversation remains within the bounds of what the consumer has agreed upon. It is important for compliance and regulatory purposes, as it protects both the consumer's rights and the agent’s conduct during the appointment.

While options relating to broader marketing permissions or selling all available plans might be relevant in different contexts, they do not accurately reflect the specific, appointment-based focus of the SOA. The essence of the SOA is to facilitate a targeted discussion based on the consumer's expressed interest, rather than providing blanket authorizations for all types of communication or product offerings. This makes the confirmation of permission to discuss product types the most precise meaning of what an SOA entails.