Series 66: 3.7.3.4 Considered A Security

Taken from our Series 66 Online Guide

3.7.3.4 Considered a Security

Because of its variable component, a variable life contract is considered to be a security. This means that variable life contracts 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 benefits, rather than as investments.

+ Read More

More Series 66 Info

What are people saying?

Create an Account

Since you're reading about Series 66: 3.7.3.4 Considered A Security, you might also be interested in:

Series 66 - 2.4.11.2 Equipment Trust Certificates (ETCs)

Series 79 - 4.3.1. Example Precedent Transactions Analysis

Series 66 - 3.1.1. Structure of Mutual Funds

Series 6 - 1.3.5.2. Investment Company Rankings

Series 66 - 8.1.7.1. Section 402(a) Exemptions

Series 51 - MSRB Qualification Rules

Series 24 - 5.4.1. Market Makers

Series 65 - Bid-Ask Spreads

Series 63 - 3.1.2.4.1. Notice Filings

SIE - Face-Amount Certificate Companies

Series 7 - 4.11.1 Original Issue Discount Municipal Bonds

Series 3 - 6.2.2. Trending Concepts

Series 50 - Collateralized Mortgage Obligations

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

I have been extremely happy with your book series. I was able to pass the Series 66 and Series 65 with flying colors on the first try! Thanks again.

Christian Brown, Financial Decisions Group

Thank You. Thank You. Thank You. Having the audio, video lectures (with the printable power-point!) and exam simulator in addition to the book really engages you in the material. It becomes a game! I passed the 66 with an 84%.

Colleen Shelly, PNC Investments, Cleveland, OH

Karen and Team Solomon, thank you so much for all your support. Your Series 7 program was easy to understand. The "Ask the Professor" was invaluable for the Series 66. You are the program of choice for our office.

Kirk, PA

I could not have passed without your study program Two secrets.... ipad2 and 1400 practice questions. Scored a 78. [Series 66]

Scott Harrison The Standard Woodland Hills, CA

I passed the Series 66 today with an 85%. Your book and PDF test questions were great, and turned out to be the only study material I needed to pass the test on the first try. I'll look to you again when I need my Series 7. Thanks!

Joshua Reeves, San Diego, CA

I have taken and passed the SIE, Series 7, and Series 66 using this amazing Solomon study program. Each time, I felt prepared for the exam and confident in my answers. Solomon's study structure and varying mediums of study make it interactive and easy to learn.. It's an amazing deal for the tools received. I would highly recommend this program!

Abbigayle Hanoch, LPL Financial. Ventura, NM