Pennsylvania Code
Title 31 - INSURANCE
Part IV - Life Insurance
Chapter 81 - REPLACEMENT OF LIFE INSURANCE AND ANNUITIES
Section 81.5 - Duties of insurers

Universal Citation: 31 PA Code ยง 81.5

Current through Register Vol. 54, No. 44, November 2, 2024

(a) The insurer shall inform its field representatives or other personnel responsible for compliance with this chapter of the requirements of this chapter.

(b) The insurer shall require as part of a completed application for life insurance or annuity a statement signed by the applicant as to whether the proposed insurance or annuity will replace existing life insurance or annuity.

This section cited in 31 Pa. Code § 90c.3 (relating to replacement questions for life insurance).

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