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  1. LII
  2. State Regulations
  3. Pennsylvania Code (Rules and Regulations)
  4. Pa. Code tit. 31 - INSURANCE
  5. Part IV - Life Insurance
  6. Pa. Code tit. 31, pt. IV, ch. 87 - REQUIREMENTS FOR CERTAIN LIFE INSURANCE POLICIES AND SALES PRACTICES
  7. SALES PRACTICES

SALES PRACTICES

  • State Regulations
  • Compare
  1. § 87.21 - Scope
  2. § 87.22 - Statements regarding status of industry or company
  3. § 87.23 - Implying that insured is stockholder
  4. § 87.24 - Implying that the policy was sold by the investment department of the company
  5. § 87.25 - Implying special treatment
  6. § 87.26 - Implying limited availability of policy
  7. § 87.27 - Implying that insured will share in surplus company earnings
  8. § 87.28 - Reference to payment as "deposit
  9. § 87.29 - Illustration of future dividends
  10. § 87.30 - Implying that payment of dividends is assured
  11. § 87.31 - Sharing in percentage of surplus
  12. § 87.32 - Statements concerning projected dividends
  13. § 87.33 - Explanation of nonforfeiture benefits
  14. § 87.34 - Describing policy as "units of participation
  15. § 87.35 - Misleading prepared answers
  16. § 87.36 - Illustrations using dollar amounts
  17. § 87.37 - Profit from policy lapse or surrender
  18. § 87.38 - Misleading comparisons to other companies
  19. § 87.39 - Misrepresentation of pure annual endowment benefits
  20. § 87.40 - False comparison with other policies
  21. § 87.41 - Misrepresentation of options to purchase insurance
  22. § 87.42 - Misrepresenting the nature of the policy

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.


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State Regulations Toolbox

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