Section 0780-01-17-.02 - DEFINITIONS(1) The term "variable contract", when used in this Chapter, shall mean any policy or contract which provides for life insurance or annuity benefits which vary according to the investment experience of any separate account or accounts maintained by the insurer as to such policyor contract, as provided for in T.C.A. §§ 56-3-501.(2) "Agent", when used in this Chapter, shall mean any person who under the laws of this State is licensed as a life insurance agent.(3) "Variable contract agent", when used in this Chapter, shall mean an agent who shall sell or offer to sell any variable contract.Tenn. Comp. R. & Regs. 0780-01-17-.02
Original rule certified June 10, 1974. Amendment filed February 6, 1978; effective March 8, 1978.Authority: T.C.A. § 56-3-508.