Are annuity contracts insured

    • [DOC File]STATE OF CALIFORNIA

      https://info.5y1.org/are-annuity-contracts-insured_1_cc87a6.html

      “Life Insurance” means insurance on human lives. For the purposes of this rule, life insurance does not include annuity contracts or variable life contracts or contracts granting endowment benefits. “Insured” means the individual covered under the policy being considered for a settlement contract.

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    • Are Annuities Insured? - SmartAsset

      (a) Life insurance or nonvariable type annuity contracts may be sold to cover the cost of services and merchandise specified in a preneed funeral contract of an insured or annuitant, provided the face amount of the life insurance policy, or the total consideration paid for such annuity, does not exceed $7,500.

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    • [DOC File]Texas Constitution and Statutes - Home

      https://info.5y1.org/are-annuity-contracts-insured_1_a26f5f.html

      The main types of annuity contracts with life contingencies are discussed below. ... (federal and state law also require the consent of the insured to the coverage) There must be a significant transfer of mortality risk between the policyholder and the insurance company.

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    • [DOC File]STATE OF MAINE

      https://info.5y1.org/are-annuity-contracts-insured_1_85a460.html

      ANNUITY CONTRACTS. For purposes of regulation under this code, an annuity contract is considered an insurance policy or contract if the annuity contract is issued: ... a debt of the insured or beneficiary secured by a pledge of the insurance policy or the proceeds of the policy; or (3) a child support lien or levy under Chapter 157, Family Code.

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    • [DOCX File]Statutory Accounting Principles Working Group

      https://info.5y1.org/are-annuity-contracts-insured_1_edfc4a.html

      Annuity contracts and certificates are issued by Teachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for its own financial condition and contractual obligations.

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    • [DOC File]Report with Cover - TIAA

      https://info.5y1.org/are-annuity-contracts-insured_1_62cd96.html

      If the policy is an annuity contract subject to Retirement Equity Act of 1984 (REACT), the Owner will be subject to the restrictions required under said Act, which are made a part of the contract. All prior beneficiary designations and payment plan elections are hereby revoked for said annuity contracts. POLICY ENDORSEMENT

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    • [DOCX File]Statutory Accounting Principles Working Group

      https://info.5y1.org/are-annuity-contracts-insured_1_496430.html

      Statutory policy reserves for those group annuity contracts or other contracts that, in whole or in part, establish the insurer’s obligations by reference to a segregated portfolio of assets not owned by the insurer shall be established in accordance with the guidance in Appendix A-695.

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    • [DOC File]LIFE INSURANCE AND ANNUITIES REPLACEMENT …

      https://info.5y1.org/are-annuity-contracts-insured_1_afae7f.html

      (a) Life insurance or nonvariable type annuity contracts may be sold to cover the cost of services and merchandise specified in a preneed funeral contract of an insured or annuitant, provided the face amount of the life insurance policy, or the total consideration paid for such annuity, does not exceed $7,500.

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