31 Pa. Code § 87.34 - Describing policy as "units of participation

A life insurance company, broker, agent, solicitor or representative may not describe a life insurance policy or premium payments therefor in terms of "units of participation," unless accompanied by other language clearly indicating the reference to a life insurance policy or to premium payments, as the case may be.

Notes

31 Pa. Code § 87.34

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

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