Idaho Administrative Code
Title IDAPA 18 - Insurance, Department of
Rule 18.03.03 - VARIABLE CONTRACTS
Section 18.03.03.010 - DEFINITIONS
Current through August 31, 2023
01. Variable Contracts. Any policy or contract that provides for insurance or annuity benefits which vary according to the investment experience of any separate account or accounts maintained by the insurer as to such policy or contract. (3-31-22)
02. Agent. Any person, corporation, partnership, or other legal entity which under the laws of this state is licensed as a life insurance agent. (3-31-22)
03. Variable Contract Agent. An agent who sells or offers to sell any contract on a variable basis. (3-31-22)
04. Satisfactory Alternative Examination. Part I of the written examination includes any securities examination that is declared by the Director to be an equivalent examination. The following are satisfactory alternative examinations: (3-31-22)