Variable Insurance Product definition

Variable Insurance Product means variable annuities, variable life insurance policies or any other contract of insurance that includes separate or segregated asset accounts that are invested and are subject to market risks.
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Variable Insurance Product means those variable life insurance policies or annuity contracts issued by Intermediary or The American Life Insurance Company of New York that invest in the above mentioned Separate Accounts.
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Examples of Variable Insurance Product in a sentence

  • Any such instructions by the Sponsor shall include the Taxpayer Identification Number or equivalent identifying number of the Variable Insurance Product owner(s) to which the instructions relate and the specific restriction(s) to be executed.

  • The Company shall provide a copy of the Fund’s prospectus to each Variable Insurance Product owner.

  • In connection with the identification of the Portfolios in any such material, the use of the Sponsor’s name or identification of the Portfolios shall be given no greater prominence than any other mutual fund or portfolio selection offered in a Variable Insurance Product that is a variable annuity.

  • The Company shall provide a copy of the Fund's prospectus to each Variable Insurance Product owner.

  • In connection with the identification of the Portfolios in any such material, the use of the Sponsor's name or identification of the Portfolios shall be given no greater prominence than any other mutual fund or portfolio selection offered in a Variable Insurance Product.

  • Participation Agreement dated March 21, 1997 among Transamerica Life Insurance Company, Fidelity Distributors Corporation (“Fidelity Distributors”) and Variable Insurance Product Fund III In addition, the parties hereby amend and restate their agreements herein.

  • The parties acknowledge that the Company’s ability to execute the Sponsor’s instructions may be limited by certain contractual obligations contained in the Variable Insurance Products, certain rights contained in the Variable Insurance Product prospectuses, and/or applicable state insurance laws and regulations.

  • In connection with the identification of the Portfolios in any such material, the use of the Sponsor’s name or identification of the Portfolios shall be given no greater prominence than any other mutual fund or portfolio selection offered in a Variable Insurance Product.

  • In connection with the identification of the Portfolios in any such material, the use of the Sponsor's name or identification of the Portfolios shall be given no greater prominence than any other mutual fund or portfolio selection offered in a Variable Insurance Product that is a variable annuity.

  • Intermediary agrees to execute written instructions from the Fund to restrict or prohibit further purchases or exchanges of Fund shares by a Variable Insurance Product owner that has been identified by the Fund as having engaged in transactions of the Fund's shares (directly or indirectly through the Intermediary's account) that violate policies established by the Fund for the purpose of eliminating or reducing any dilution of the value of the outstanding Fund shares issued by the Fund.

Related to Variable Insurance Product

  • variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a proportionate interest in a specified portfolio of assets.

  • Insurance producer means a person required to be licensed under the laws of this state to sell, solicit, or negotiate insurance.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to: