Washington Code > Chapter 48.25A – Life insurance — Profit-sharing, charter, founders, and coupon policies
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Terms Used In Washington Code > Chapter 48.25A - Life insurance -- Profit-sharing, charter, founders, and coupon policies
- Coupon policy: means a life insurance policy which provides a series of pure endowments maturing periodically in amounts not exceeding the gross annual policy premiums. See Washington Code 48.25A.010
- founders policy: means :
Washington Code 48.25A.010person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080