Series 6: 6.3.3.4. Considered A Security

Taken from our Series 6 Top-off Online Guide

6.3.3.4. Considered a Security

Because of their variable component, variable life contracts are considered to be securities. They are regulated by securities laws and must be sold with a prospectus. They are also a life insurance product and should be sold as life insurance, meaning for their death benefit, rather than as an investment.

Since you're reading about Series 6: 6.3.3.4. Considered A Security, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 6
Please Enable Javascript
to view this content!