Pennsylvania Code & Bulletin

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 1806 (March 30, 2024).

31 Pa. Code § 81.5. Duties of insurers.

§ 81.5. Duties of insurers.

 (a)  The insurer shall inform its field representatives or other personnel responsible for compliance with this chapter of the requirements of this chapter.

 (b)  The insurer shall require as part of a completed application for life insurance or annuity a statement signed by the applicant as to whether the proposed insurance or annuity will replace existing life insurance or annuity.

Cross References

   This section cited in 31 Pa. Code §  90c.3 (relating to replacement questions for life insurance).

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