Life Insurance Contracts On Variable Basis

(By authority conferred on the commissioner of insurance by section 210 of Act No. 218 of the Public Acts of 1956, as amended, being S500.210 of the Michigan Compiled Laws)Insurance

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500.841Definitions.500.843Qualification of insurer to issue life insurance contracts on variable basis.500.844Standards of suitability.500.845aSales illustrations.500.846Service contracts between insurer and supplier; requirements.500.847Reports to the commissioner.500.848Variable life insurance policies and related documents; forms; filing and approval; exception.500.849Variable life insurance policy; benefit and design requirements.500.849aVariable life nonforfeiture values.500.850Variable life insurance policy; mandatory provisions.500.851Variable life insurance policy; nonforfeiture, partial withdrawal, policy loan, and partial surrender provisions.500.852Variable life insurance policy; suicide exclusion; incidental insurance benefits on fixed basis; dividends; election of automatic premium loan.500.853Reserve liabilities.500.854Separate accounts generally.500.855Separate accounts; assets.500.856Separate accounts; investments.500.857Separate accounts; limitations on ownership of securities.500.858Separate accounts; valuation of assets.500.859Separate accounts; material change in investment policy.500.860Separate accounts; allowable charges.500.861Standards of conduct and conflicts of interest.500.862Investment advisory contracts.500.863Information required to be delivered to policy applicant.500.864Policy application.500.865Reports to policyholders.500.866Qualification of agents for the sale of variable life insurance.