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.
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. (2) The prospectus requirement does not apply to a distribution of a variable insurance contract by an insurance company if the variable insurance contract is (a) a contract of group insurance, (b) a whole life insurance contract providing for the payment at maturity of an amount not less than 75% of the premium paid up to age 75 years for a benefit payable at maturity,
variable insurance contract means an annuity or life insurance contract for which the reserves or a part thereof vary in amount with the market value of a specified group of assets held in a separate and distinct fund and includes a provision in a life insurance contract under which policy dividends or policy proceeds may be retained for investment in such a fund.
More Definitions of variable insurance contract
variable insurance contract means a contract of life insurance
variable insurance contract means a contract of life insurance within the meaning of the Insurance Act under which the interest of the purchaser is valued for purposes of conversion or surrender by reference to the value of a propor-tionate interest in a specified portfolio of assets;
variable insurance contract means a contract of life insurance under which the interest of the purchaser is valued for purposes of conversion or
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. 8.14(2) The dealer registration requirement does not apply in respect of a trade in a variable insurance contract by an insurance company if the variable insurance contract is
variable insurance contract means an Insurance Contract the policy value of which varies with the investment performance of a separate account or sub account thereof. In addition, the following terms shall have the respective meanings set forth in the following sections of this Agreement: Term Section Acquired Business 5.11(c)(iii) Adjustment Report 2.5(c)(v) ADSP 8.6(d) Agreed Allocation 8.6(d) Agreement Preamble Assumed Reinsurance Contracts 3.18(a) Burdensome Condition 5.4(e) Buyer Preamble Buyer Fundamental Representation 7.1(a) Buyer Indemnified Persons 7.2(a) Buyer's Allocation 8.6(d) Ceded Reinsurance Contracts 3.18(a) Closing 2.2 Closing Date 2.2 Company (ies) Recitals Company Business Assets 3.23(a) Company Incentive Award 5.13(d) Company Intellectual Property Rights 3.21(a) Competing Business 5.11(a) Condition Satisfaction 2.2 Consumer Privacy Information 3.25(a) Contracts 3.15(a) Conveyance Taxes 8.4 Covered Employee 5.13(a) Deductible 7.3(a) Dispute Notice 2.5(c)(ii) Earn-Out Payment 2.6(b) Escrow Fund 2.4(b) Escrow Agreement 2.4(b) Escrow Termination Date 7.8 Final Adjustment Amount 2.5(c)(viii) Final Adjustment Statement 2.5(b) FINRA Rules 3.27(a) GAAP Financial Statements 3.7(a) Inactive Employee 5.13(a) Indemnifiable Losses 7.4(iii) Indemnitee 7.4(i) Indemnitor 7.4(ii) Independent Accounting Firm 2.5(c)(iv) Investment Guidelines 3.26(b) Leased Real Property 3.23(d) Leases 3.23(d) Liens 3.2(a) Missouri Court 10.7(a) N.I.S. Recitals N.I.S. Estimated Balance Sheet 2.4(a) N.I.S. Estimated Closing Working Capital 2.4(a) N.I.S. Final Balance Sheet 2.5(c)(viii) N.I.S. Final Closing Working Capital 2.5(c)(viii) N.I.S. Purchase Price 2.1 N.I.S. Reference Balance Sheet 3.7(a) N.I.S. Shares Recitals N.I.S. Special Dividend 5.1(b) N.I.S. Subject Balance Sheet 2.5(b) Order 3.14 Outside Date 9.1(b) Owned Real Property 3.23(d)
variable insurance contract means an annuity or life insurance policy with respect to which all or any part of the reserves vary in amount with the market value of a specified group of assets held in a separate and distinct fund and includes a provision in a life insurance contract under which policy dividends or policy proceeds may be retained for investment in that fund. Variable insurance contracts based on segregated fund3-9(1) Any provincial life company may: