West Virginia Code of State Rules
Agency 114 - Insurance Commission
Title 114 - LEGISLATIVE RULE INSURANCE COMMISSIONER
Series 114-11D - Variable Life Insurance
Section 114-11D-1 - General

Current through Register Vol. XLI, No. 38, September 20, 2024

1.1. Scope. -- The purpose of this rule is to ensure that a policyholder is provided with a thorough disclosure concerning the operation of his or her variable life insurance policy and with current, reliable information concerning the status of his or her variable life insurance coverage. This rule is based on the National Association of Insurance Commissioner's "Variable Life Insurance Model Regulation," (Model 270), as amended in 1983.

1.2. Authority. -- W. Va. Code §§ 33-2-10 and 33-13A-4.

1.3. Filing Date. -- April 14, 2010.

1.4. Effective Date. -- July 16, 2010.

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