Pennsylvania Code (Last Updated: April 5, 2016) |
Title 31. INSURANCE |
PART IV. Life Insurance |
Chapter 87. Requirements for Certain Life Insurance Policies and Sales Practices |
Section 87.30. Implying that payment of dividends is assured
Latest version.
-
A life insurance company, broker, agent, solicitor or representative may not use the words dividends, cash dividends, surplus or similar phrases to state or imply that the payment of dividends is guaranteed or certain to occur.
Notation
This section cited in 31 Pa. Code § 87.21 (relating to scope).