Minn. R. 2750.4200
APPLICATIONS
The application for a variable life insurance policy shall contain: A. a prominent statement that the death benefit may be variable or fixed under specified conditions; B. 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; and C. questions designed to elicit information which enables the insurer to determine the suitability of variable life insurance for the applicant.