Get the free Riversource of Variable Life Separate Acct. June 2012 doc.doc - sec

February 28, 2013, Ms. Dixie Carroll, Esq. Assistant General Counsel Ameriprise Financial, Inc. 50706 Ameriprise Financial Center Minneapolis, MN 55474 Re: Resource Life Insurance Company Resource

How to fill out riversource of variable life

How to fill out riversource of variable life:

1. Start by gathering all necessary documents such as the policy contract, beneficiary information, and any relevant financial records.
2. Read through the policy contract carefully, paying attention to the sections on policyholder information, premium payments, and investment options.
3. Fill out the policyholder information section accurately, providing your name, address, contact details, and any other required personal information.
4. Determine the premium payment frequency and method that works best for you (monthly, annually, etc.) and fill out this section accordingly.
5. If you have selected investment options for your variable life policy, indicate your preferences by choosing the appropriate funds or investment vehicles.
6. Consider designating one or more beneficiaries who will receive the policy benefits upon your death. Provide their full names, contact details, and relationship to you.
7. Review your completed application form for any errors or omissions before submitting it to the riversource of variable life provider.
8. Follow any additional instructions provided by the provider, such as signing and dating the application and enclosing any required supporting documents.

Who needs riversource of variable life:

1. Individuals who are looking for a life insurance policy that combines financial protection with investment options.
2. Those who have a higher risk tolerance and are willing to invest in variable funds to potentially grow their policy's cash value.
3. People who have long-term financial goals, such as saving for retirement or funding a child's education, as variable life insurance allows for accumulation of cash value over time.
4. Those who want flexibility in their life insurance policy, with the ability to adjust coverage and investment options as their needs and circumstances change.
5. Individuals who have a strong understanding of investment and are comfortable managing their policy's investment choices.
6. People who want the potential for higher returns on their life insurance policy compared to traditional whole life or term life insurance options.
7. Those who are looking to leave a legacy or provide financial support to their loved ones after their passing.
8. Individuals who are seeking life insurance coverage and investment options under a single policy, rather than purchasing separate policies for each need.

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What is riversource of variable life?

Riversource of variable life is a type of life insurance policy that allows the policyholder to choose how their premiums are invested, typically in a variety of mutual fund options.

Who is required to file riversource of variable life?

Policyholders who have a riversource of variable life policy are required to file the necessary forms with the insurance company and potentially with the IRS depending on certain circumstances.

How to fill out riversource of variable life?

To fill out a riversource of variable life form, policyholders must provide information about their personal details, premium payment amounts, chosen investment options, and beneficiaries.

What is the purpose of riversource of variable life?

The purpose of riversource of variable life is to provide life insurance coverage with the added benefit of investment options to potentially grow the cash value of the policy.

What information must be reported on riversource of variable life?

Information such as personal details, premium payments, investment choices, and beneficiary designations must be reported on riversource of variable life forms.