R.C.S.A. § 38a-433-8

Applications

Last amended: 1992Year: 2026Length: 69 wordsOfficial source

Cite as Conn. Agencies Regs. § 38a-433-8

The application for a variable life insurance policy shall contain: (1) a prominent statement that the death benefit may be variable or fixed under specified conditions; (2) a prominent statement that cash values may increase or decrease in accordance with the experience of the separate account (subject to any specified minimum guarantees); (3) questions designed to elicit information which enables the insurer to determine the suitability of variable life.
R.C.S.A. § 38a-433-8: Applications | Justis AI