20-2608 Variable life insurance policy application requirements
ArizonaStatutes
Ask Donna
How this section applies to your facts.
Arizona Code › Title 20 › Chapter 16 › Article 1 › Section 2608
Text
20-2608. Variable life insurance policy application requirements
A variable life insurance policy application shall contain all of the following:
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 according to the investment experience of the separate account.
3. Questions that enable the insurer to determine the suitability of variable life insurance for the applicant.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.