Variable life insurance policy definition

Variable life insurance policy means any individual policy which provides for life insurance, the amount or duration of which varies according to the investment experience of any separate account or accounts established and maintained by the insurer as to such policy, pursuant to section 3907.15 of the Revised Code, or pursuant to the corresponding section of the insurance laws of the state of domicile of a foreign or alien insurer.
Variable life insurance policy means any individual policy which provides for life insurance the amount or duration of which varies according to the investment experience of any separate account or accounts established and maintained by the insurer as to such policy, pursuant to IC 27-1-5-1 Class 1(c) of the insurance laws of this state or pursuant to the corresponding section of the insurance laws of the state of domicile of a foreign or alien insurer. (Department of Insurance; 760 IAC 1-33-2; filed Mar 29, 1985, 1:46 pm: 8 IR 1014; readopted filed Sep 14, 2001, 12:22 p.m.: 25 IR 531; readopted filed Nov 27, 2007, 4:01 p.m.: 20071226-IR-760070717RFA)
Variable life insurance policy means a policy where a fixed portion of the premium is placed in an investment fund and the benefits payable under the policy is dependent on the perfor- mance of that fund.

Examples of Variable life insurance policy in a sentence

  • This premium shall be calculated with mortality, interest and ex- pense factors which are consistent with those for the basic policy premium.[1967 c.359§403] 743.245 Variable life insurance policy provisions.

  • Demographic data of the participants (name, age, sex, number of members in the household, number of children, children going to school, income from various sources, etc.) were also recorded.

  • Variable life insurance policy" means any individual policy which provides for life insurance the amount or duration of which varies according to the investment experience of any separate account or accounts established and maintained by the insurer as to such policy, pursuant to IC 27-1-5-1 Class 1(c) of the insurance laws of this state or pursuant to the corresponding section of the insurance laws of the state of domicile of a foreign or alien insurer.

  • Variable life insurance policy" means an individual policy that provides for life insurance the amount or duration of which varies according to the investment experience of any separate account or accounts established and maintained by the insurer as to the policy, pursuant to W.

  • Variable life insurance policy" means any individual policy which provides for life insurance the amount or duration of which varies according to the investment experience of any separate account or accounts established and maintained by the insurer as to such policy, pursuant to North Dakota Century Code sections 26.1-33-13 and 26.1-34-11 or pursuant to the corresponding section of the insurance laws of the state of domicile of a foreign or alien insurer.

  • Variable life insurance policy" means any individual or group policy which provides for life insurance the amount or duration of which varies according to the investment experience of any separate account or accounts established and maintained by the insurer as to such policy, pursuant to G.S. 58‑7‑95 or pursuant to the corresponding section of the insurance laws of the state of domicile of a foreign or alien insurer.

  • Therefore, the observed cholesterol-lowering effect of SAP extract is reported for first time in the current paper.

  • R 500.850 Variable life insurance policy; mandatory provisions.Rule 10.

  • R 500.849 Variable life insurance policy; benefit and design requirements.Rule 9.

  • R 500.851 Variable life insurance policy; nonforfeiture, partial withdrawal, policy loan, and partial surrender provisions.Rule 11.


More Definitions of Variable life insurance policy

Variable life insurance policy means any annuity contract or life insurance policy under which all or any part of the benefits may be paid on a variable basis.
Variable life insurance policy means any individual policy which provides for life insurance which varies according to the investment experience of any separate account or accounts established and maintained by the insurer as to such policy, as provided for in North Dakota Century Code sections 26.1-33-13 and 26.1-34-11.
Variable life insurance policy means any individual policy which provides for life insurance the amount or duration of which varies according to the investment experience of any separate account or accounts established and maintained by the insurer as to such policy, pursuant to Neb.Rev.Stat. §44-
Variable life insurance policy means any individual policy which provides for life insurance with the amount or duration of the death benefit varying according to the investment experience of any separate account or accounts established and maintained by the insurer as to such policy, as provided for in section 925 of Act No. 218 of the Public Acts of 1956, as amended, being S500.925 of the Michigan Compiled Laws, or pursuant to the corresponding section of the insurance law of the state of domicile of a foreign or alien insurer.

Related to Variable life insurance policy

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • Insurance Policies has the meaning set forth in Section 3.16.