Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

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The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 54 Pa.B. 5598 (August 31, 2024).

31 Pa. Code § 87.38. Misleading comparisons to other companies.

§ 87.38. Misleading comparisons to other companies.

 A life insurance company, broker, agent, solicitor or representative may not make unfair or misleading comparisons to the past experience of other life insurance companies as a means of projecting possible experience of the soliciting company if those comparisons are designed to enhance the characteristics of the policy being sold by confining the comparisons to companies having favorable experience with that type of policy without a fair disclosure of other companies which have had unfavorable experience with that type of policy, when it is within the knowledge of the company, broker, agent, solicitor or other company representative that other companies have had an unfavorable experience.

Cross References

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



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