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Contract Holder |
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Contract Holder An owner of a segregated fund contract. Notes: For example, for a life insurance contract, a person can be both the contract holder (owner) and the annuitant (the person the contract is based upon). |
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Because before those offers were officially accepted, two key things had to happen: A compliance check and the contract holder had to sign the contract. Modifications that result from the election by the contract holder of a benefit, feature, right, or coverage that was within the original contract are not internal replacements subject to this guidance as long as all of the conditions listed in paragraph 9 of this SOP are met. Policy loans are available and serve to give the contract holder leverage, Pinkans said. |
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Contract Holder
