Pennsylvania Code
Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 488 (January 27, 2024).

31 Pa. Code § 87.39. Misrepresentation of pure annual endowment benefits.

§ 87.39. Misrepresentation of pure annual endowment benefits.

 A life insurance company, broker, agent, solicitor or representative may not represent pure annual endowment benefits as earnings on premiums invested, or represent that a pure annual endowment benefit in a policy is anything other than a guaranteed benefit for which a premium is being paid by the policyholder.

Cross References

   This section cited in 31 Pa. Code §  87.21 (relating to scope).


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