Conn. Agencies Regs. § 38a-433-8

Current through December 27, 2024

Section 38a-433-8 - Applications

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.

Conn. Agencies Regs. § 38a-433-8

Effective September 25, 1992