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Lcchang Posted 13 years ago
Vocabulary
state variation
... Lincoln GTO 10 Policy From BT-1000 Series and state variations issued by The Lincoln National Life Insurance Company ...
What is "state variations"? Thanks.
What is "state variations"? Thanks.
Top answer
Life insurance policies and variable annuities are subject to US laws and regulations at the national level, but also individual states have added different provisions at the state level. "State variations" is the collection of state laws which apply to that particular policy. So if you live in Oklahoma and want to buy a policy, it would be regulated by the US government and the applicable laws in Oklahoma.
- Life insurance policies and variable annuities are subject to US laws and regulations at the national level, but also individual states have added different provisions at the state level.
- "State variations" is the collection of state laws which apply to that particular policy.
- So if you live in Oklahoma and want to buy a policy, it would be regulated by the US government and the applicable laws in Oklahoma.
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1 Answers
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Life insurance policies and variable annuities are subject to US laws and regulations at the national level, but also individual states have added different provisions at the state level. "State variations" is the collection of state laws which apply to that particular policy.
So if you live in Oklahoma and want to buy a policy, it would be regulated by the US government and the applicab
So if you live in Oklahoma and want to buy a policy, it would be regulated by the US government and the applicab
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