Exam term

Subaccounts

The investment divisions within a variable policy's separate account, each investing in a distinct portfolio, among which the owner allocates the policy's cash value.

Lessons that use this term

Interest- and market-sensitive life products Florida
Fixed versus variable life, and SEC, FINRA, and New York regulation of variable products (Ins. Law 4240, Regs 47 and 77) New York
Interest- and market-sensitive life products New York
Interest- and market-sensitive life products Texas