Replacement of Insurance Products
This article appeared as Chapter 16 of the book Variable Annuities & Variable Life Insurance Regulation, published in May, 2005.
Variable Annuities & Variable Life Insurance Regulation examines:
- The status of variable products under the Securities Act of 1933;
- the status of insurance companies and insurance company separate accounts under the Investment Company Act of 1940;
- the tax treatment of variable contracts;
- ERISA issues;
- variable insurance product design, the funding vehicle, and SEC registration;
- separate account compliance programs;
- SEC, NASD, and state securities regulation of product distribution;
- advertising and marketing on the Internet;
- SEC inspections, NASD examination and disciplinary programs, and state insurance market conduct exams, and
- special topics such as private placement variable life insurance and offshore insurance products.
To read the introduction to Chapter 16, Replacement of Insurance Products, please click the PDF link above.
The material contained in this communication is informational, general in nature and does not constitute legal advice. The material contained in this communication should not be relied upon or used without consulting a lawyer to consider your specific circumstances. This communication was published on the date specified and may not include any changes in the topics, laws, rules or regulations covered. Receipt of this communication does not establish an attorney-client relationship. In some jurisdictions, this communication may be considered attorney advertising.
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