SEC Form N-6

DEFINITION of 'SEC Form N-6'

A filing with the Securities and Exchange Commission (SEC) that must be submitted by separate accounts that are unit investment trusts that offer variable life insurance contracts. SEC Form N-6 is designed to provide investors with information that will assist them in making a decision about investing in a variable life insurance contract.

BREAKING DOWN 'SEC Form N-6'

This form is required by the Investment Company Act of 1940 and the Securities Act of 1933.

Part A of this filing, the prospectus, must contain clearly written information about the investment that the average investor, who may not have a specialized background in finance or law, can understand. It should provide a balanced disclosure of the positive and negative aspects of variable life insurance contracts, including information about risks and benefits, fees, premiums, death benfits, contract values, surrenders, loans, lapse and reinstatement, taxes and legal proceedings. Part B provides additional information that may be of interest to some investors, such as financial statements and information about premiums, underwriters and loans. Finally, Part C contains information about directors, indemnification, fee representation and more.

RELATED TERMS
  1. SEC Form N-4

    A filing with the Securities and Exchange Commission (SEC) that ...
  2. SEC Form N-3

    A filing with the Securities and Exchange Commission (SEC) that ...
  3. SEC Form N-1A

    A filing with the Securities and Exchange Commission (SEC) that ...
  4. SEC Form N-2

    A filing with the Securities and Exchange Commission (SEC) that ...
  5. SEC Form 10

    A filing with the Securities and Exchange Commission (SEC), also ...
  6. SEC Form N-6EI-1

    A filing with the Securities and Exchange Commission (SEC) that ...
Related Articles
  1. Professionals

    Variable Life Insurance

    FINRA Series 6: Section 11 Variable Life Insurance. In this section discussion on Variable Life Insurance Policy and its structure, premiums, earnings and policy loans
  2. Professionals

    Variable Life Insurance

    FINRA/NASAA Series 26 Section 3 - Variable Life Insurance. In this section structure of variable life insurance, premiums, earnings and policy loans
  3. Professionals

    FINRA Conduct Rule 2820: Variable Contracts

    FINRA Series 6 Exam Study Guide - FINRA Conduct Rule 2820: Variable Contracts. About Variable contracts under NASD rule 2820 and Includes definitions, receipt of payment, transmittal, selling ...
  4. Retirement

    Variable Vs. Variable Universal Life Insurance

    Do you know why you might need one policy versus the other? Read on to find out.
  5. Investing Basics

    SEC Filings: Forms You Need To Know

    The forms companies are required to file provide a clear view of their histories and progress.
  6. Insurance

    Understanding Different Types of Life Insurance

    Understand the various types of life insurance, how each can be used in personal or business financial planning, and for whom they are best-suited.
  7. Investing Basics

    How A Company Files With The SEC

    Filing with the SEC is not as complicated as you might thing -- just be meticulous about following the steps.
  8. Popular Resources for Equity Research and Analysis: Chapter 2: The SEC Website

    Second to the company investor relations sites is the direct SEC website at www.sec.gov. Investors can learn quite a bit about the securities industry from the SEC. The forms page, which details ...
  9. Professionals

    Whole Life Insurance

    Whole Life Insurance
  10. Home & Auto

    Intro To Insurance: Types Of Life Insurance

    By Cathy ParetoLife insurance protection comes in many forms, and not all policies are created equal, as you will soon discover. While the death benefit amounts may be the same, the costs, structure, ...
RELATED FAQS
  1. If an individual becomes a policyholder of a variable life insurance policy and ...

    The correct answer is b. Insurance companies issuing variable life policies must allow the holders of those policies to exchange ... Read Answer >>
  2. What is variable life insurance?

    Variable life insurance is a permanent life insurance policy with an investment component. The policy has a cash value account, ... Read Answer >>
  3. How are variable annuities regulated?

    Discover the various rules that the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority ... Read Answer >>
  4. What information does the SEC require in an investment company's prospectus?

    Understand the lengthy list of required information that investment companies such as mutual funds must include in a prospectus ... Read Answer >>
  5. Can your life insurance company sue you?

    Find out when life insurance companies have the right to recover claims. Learn about the most common reasons why a life insurance ... Read Answer >>
  6. What is the difference between the death benefit and cash value of an insurance policy?

    Understand the difference between the various components of a life insurance policy including the death benefit and a policy's ... Read Answer >>
Hot Definitions
  1. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  2. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  3. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  4. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
  5. Keynesian Economics

    An economic theory of total spending in the economy and its effects on output and inflation. Keynesian economics was developed ...
  6. Society for Worldwide Interbank Financial Telecommunications ...

    A member-owned cooperative that provides safe and secure financial transactions for its members. Established in 1973, the ...
Trading Center