™Your Policy Risk Impact Agent
87 chapters · 1,498 sections in this title.
08 V.S.A. ch. 103, § 3849 Adoption of rules
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§ 3849. Adoption of rules The Commissioner may: (1) Adopt rules necessary to carry out the purposes of this subchapter. (2) Establish standards for evaluating reasonableness of payments under life settlement contracts for persons who are terminally or chronically ill. This author…
08 V.S.A. ch. 103, § 3855 Establishment of accounts
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§ 3855. Establishment of accounts (a) A domestic life insurer may establish one or more separate accounts and may allocate thereto amounts, including proceeds applied under optional modes of settlement or under dividend options, to provide for life insurance or annuities, and ben…
08 V.S.A. ch. 103, § 3856 Required contents of policy
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§ 3856. Required contents of policy Any contract providing benefits payable in variable amounts delivered or issued for delivery in this State shall contain a statement of the essential features of the procedures to be followed by the insurer in determining the dollar amount of s…
08 V.S.A. ch. 103, § 3857 Licensing
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§ 3857. Licensing (a) No company shall deliver or issue for delivery within this State variable contracts unless it is licensed or organized to do a life insurance or annuity business in this State, and the Commissioner is satisfied that its condition or method of operation in co…