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This document outlines standards for Individual Flexible Premium Adjustable Life Insurance policies as established by the Interstate Insurance Product Regulation Commission (IIPRC). It details the purpose, scope, additional submission requirements, actuarial memorandum requirements, and various policy provisions including premium flexibility, death benefit options, adjustments, and more, ensuring uniformity and compliance in such insurance products.
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What is iiprc-l-09-i?
iiprc-l-09-i is a form used for reporting certain insurance-related information as part of the Interstate Insurance Product Regulation Commission (IIPRC) requirements.
Who is required to file iiprc-l-09-i?
Insurance companies that offer products covered under the IIPRC guidelines are required to file iiprc-l-09-i.
How to fill out iiprc-l-09-i?
To fill out iiprc-l-09-i, companies must provide accurate data as per the instructions included with the form, detailing their insurance products and compliance with regulatory standards.
What is the purpose of iiprc-l-09-i?
The purpose of iiprc-l-09-i is to ensure that insurance companies report relevant information on their products in order to maintain compliance with multistate regulatory standards.
What information must be reported on iiprc-l-09-i?
The information reported on iiprc-l-09-i includes product descriptions, company details, compliance information, and any other required disclosures as specified by the IIPRC.
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