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 § 87.41. Misrepresentation of options to purchase insurance.

§ 87.41. Misrepresentation of options to purchase insurance.

 A life insurance company, broker, agent, solicitor or representative may not represent an option to purchase insurance in the future in such a manner that the policyholder might reasonably infer that he is purchasing term insurance or some other form of life insurance which would result in a payment to the beneficiary in the event of the death of the policyholder.

Cross References

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



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