Variable Life Insurance and the Petition for the Issuance and Amendment of Exemptive Rules: Report
Securities and Exchange Commission, 1973 - Insurance, Life - 180 pages
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addition Advisers Aetna agency agents amount applicable assets assumed average basis billion cash value cent charge Commission common considered contractholder cost Court Department designed determined disclosure dividends effect element equal Equitable example Exchange exemption Exhibit expected expenses federal securities laws fixed benefit guarantee hearing held important increase indicated industry initial insurance company insurance contract interest Investment Company Act investment experience investment performance issued issuer less limited load loan Memo method minimum death benefit mutual funds NAIC noted operation option participating payable payment period persons Petitioners plans policyholder premium present proposed rules protections Prudential purchaser question receive reduced registered regulation reserve respect result risk Securities Act sell separate account specific term testified traditional United variable annuity variable life contracts variable life insurance vary whole withdrawal York