044-67 Wyo. Code R. §§ 67-8 - 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 that enables the insurer to determine the suitability of variable life insurance for the applicant in accordance with applicable federal or state law.

Notes

044-67 Wyo. Code R. §§ 67-8
Adopted, Eff. 7/25/2016.

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.


No prior version found.