31 Pa. Code § 87.2 - Purpose
(a) This chapter
identifies and prohibits certain acts, practices and contract forms which the
Department considers to be unfair, deceptive and unsound methods of transacting
the business of life insurance in this Commonwealth, and to establish certain
requirements in the solicitation and sale of life insurance buying to the end
that policyholders and the insurance-buying public may not be misinformed or
misled concerning contracts of life insurance or annuities purchased by
them.
(b) This chapter serves the
best interests of the public and is not directed at a particular company or
group of companies or agent or group of agents.
Notes
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