Iowa § 508A.2 Statement of variables

Iowa Statutes

§ 508A.2 — Statement of variables

Iowa § 508A.2

Title XIIICOMMERCE

Ch. 508AVARIABLE ANNUITIES AND LIFE INSURANCE

This text of Iowa § 508A.2 (Statement of variables) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 508A.2 (2026).

Text

Anycontractprovidingbenefitspayableinvariableamountsdeliveredorissuedfordelivery
inthisstateshallcontainastatementoftheessentialfeaturesoftheprocedurestobefollowed
by the insurance company in determining the dollar amount of such variable benefits. Any
such contract under which the benefits vary to reflect investment experience, including a
group contract and any certificate in evidence of variable benefits issued thereunder, shall
state that such dollar amount will so vary and shall contain on its first page a statement to
the effect that the benefits thereunder are on a variable basis.

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Anycontractprovidingbenefitspayableinvariableamountsdeliveredorissuedfordelivery
inthisstateshallcontainastatementoftheessentialfeaturesoftheprocedurestobefollowed
by the insurance company in determining the dollar amount of such variable benefits. Any
such contract under which the benefits vary to reflect investment experience, including a
group contract and any certificate in evidence of variable benefits issued thereunder, shall
state that such dollar amount will so vary and shall contain on its first page a statement to
the effect that the benefits thereunder are on a variable basis.