§ 87.31. Sharing in percentage of surplus.
(a) A life insurance company, broker, agent, solicitor or representative may not state or imply that a purchaser of a policy will share in a stated percentage or portion of the earnings of the insurance company.
(b) Subsection (a) is not intended to prohibit a representation that a holder of a participating life insurance policy will participate in the share of the divisible surplus, if any, apportioned to the policy by the insurance company.
Cross References This section cited in 31 Pa. Code § 87.21 (relating to scope).
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