Mich. Admin. Code R. 500.665 - Group or quasi-group implications
Current through Vol. 22-05, April 1, 2022
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Rule 15. (1) An advertisement of a particular policy shall not state or imply that prospective insureds become group or quasi-group members covered under a group policy and as such enjoy special rates or underwriting privileges, unless that is the fact.
(2) This rule prohibits the solicitation of a particular class, such as governmental employees, by use of advertisements which state or imply that its occupational status entitles it to reduced rates on a group or other basis when, in fact, the policy being advertised is sold only on an individual basis at regular rates.
History: 1979 AC; 1991 AACS.