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