31 Pa. Code § 87.23 - Implying that insured is stockholder
(a) A life insurance company, broker, agent,
solicitor or other representative may not make a statement which reasonably
gives rise to the inference that an insured or a prospective insured, by virtue
of purchasing a policy of life insurance, will enjoy a status common to a
stockholder or will acquire a stock ownership interest in the insurance
company.
(b) Nothing in subsection
(a) is intended to prohibit the practice of pointing out those aspects in which
the status of a policyholder in a mutual life insurance company is similar to
that of a stockholder in a stock life insurance company.
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