§ 87.29. Illustration of future dividends.
A life insurance company, broker, agent, solicitor or representative may not provide an illustration or projection of future dividends on a policy, unless either of the following apply:
(1) The illustration or projection is based upon the experience currently used by the insurance company for dividends or upon a scale adopted by the company.
(2) The illustration or projection clearly indicates that the dividends shown are not guaranteed.
Cross References This section cited in 31 Pa. Code § 87.21 (relating to scope).
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