Wisconsin § 627.18 Variable contracts.

Wisconsin Statutes

§ 627.18 — Variable contracts.

Wisconsin § 627.18

Ch. 627Underwriting restrictions

This text of Wisconsin § 627.18 (Variable contracts.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 627.18 (2026).

Text

18  No insurer may deliver within this state any contract providing life or annuity benefits in variable amounts until the insurer has satisfied the commissioner that its condition and methods of operation in connection with such contracts do not render its operation hazardous to the public or its policyholders in this state. In determining the qualification of an insurer requesting authority to deliver such contracts within the state, the commissioner shall consider, among other things:
18(1) (1) The history and financial condition of the insurer;
18(2) (2) The character, responsibility and general fitness of the insurer’s officers and directors; and
18(3) (3) In the case of a nondomestic insurer, whether the regulation provided by the state of its domicile or the jurisdic

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627.18 No insurer may deliver within this state any contract providing life or annuity benefits in variable amounts until the insurer has satisfied the commissioner that its condition and methods of operation in connection with such contracts do not render its operation hazardous to the public or its policyholders in this state. In determining the qualification of an insurer requesting authority to deliver such contracts within the state, the commissioner shall consider, among other things:
627.18(1) (1) The history and financial condition of the insurer;
627.18(2) (2) The character, responsibility and general fitness of the insurer’s officers and directors; and
627.18(3) (3) In the case of a nondomestic insurer, whether the regulation provided by the state of its domicile or the jurisdiction in which its head office is located provides protection to policyholders and the public substantially equal to that provided by chs. 600 to 646 and the rules issued thereunder.