Revised Code of Washington - RCW Title 48 Insurance - Chapter 48.18A Variable Contract Act

• 48.18A.010 Short title -- Intent
  This chapter shall be known as the "Variable Contract Act" and is intended to authorize the sale of both individual and group variable contracts.[1969 c ...
• 48.18A.020 Separate accounts authorized -- Allocations -- Benefits -- Limitations -- Valuation -- Sale, transfer, or exchange of assets
  A domestic life insurer may, by or pursuant to resolution of its board of directors, establish one or more separate accounts, and may allocate thereto ...
• 48.18A.030 Statements required in contracts -- Payment on death, incidental benefit provision
  (1) Every variable contract providing benefits payable in variable amounts delivered or issued for delivery in this state shall contain a statement of the essential ...
• 48.18A.035 Return of policy and refund of premium -- Notice required -- Effect of return
  Every individual variable contract issued shall have printed on its face or attached thereto a notice stating in substance that the policy owner shall be ...
• 48.18A.040 Requirements for operation under this chapter -- Considerations -- Authorization of subsidiary or affiliate -- Exceptions
  No insurer shall deliver or issue, for delivery within this state, contracts under this chapter unless it is licensed or organized to do a life ...
• 48.18A.050 Applicability of other code provisions -- Contract requirements
  The provisions of RCW 48.23.020, 48.23.030, 48.23.080 through 48.23.120, 48.23.140,48.23.150 , 48.23.200 through 48.23.240, 48.23.310, and 48.23.360, and the provisions of chapters 48.24 and 48.76 ...
• 48.18A.060 Licensing requirement
  No person shall be or act as an agent for the solicitation or sale of variable contracts except while duly appointed and licensed under the ...
• 48.18A.070 Authority of commissioner
  Notwithstanding any other provision of law, the commissioner shall have sole and exclusive authority to regulate the issuance and sale of variable contracts; except for ...
• 48.18A.900 Effective date -- 1969 c 104
  This 1969 act shall take effect July 1, 1969.[1969 c 104 § 10.] ...

Last modified: April 7, 2009