Pennsylvania Code
Title 31 - INSURANCE
Part IV - Life Insurance
Chapter 82 - VARIABLE LIFE INSURANCE
QUALIFICATION OF INSURER TO ISSUE VARIABLE LIFE INSURANCE
Section 82.15 - Use of sales materials
Universal Citation: 31 PA Code ยง 82.15
Current through Register Vol. 54, No. 44, November 2, 2024
(a) An insurer authorized to transact variable life insurance business in this Commonwealth may not use sales material, advertising material or descriptive literature or other materials in connection with its variable life insurance business in this Commonwealth which is false, misleading, deceptive or inaccurate.
(b) For purposes of this chapter, variable life insurance sales material, advertising material or descriptive literature includes, but is not limited to:
(1) Printed and published material,
audio-visual material and descriptive literature of an insurer used in direct
mail, newspapers, magazines, radio scripts, television and film scripts,
billboards and similar displays for variable life insurance.
(2) Descriptive literature and sales aids
used to sell variable life insurance by or on behalf of an insurer or a person
authorized to sell variable life insurance for presentation to members of the
insurance buying public, including but not limited to circulars, leaflets,
booklets, depictions, illustrations and form letters.
(3) Prepared sales talks, presentations and
material for use in the sale of variable life insurance by a person authorized
to sell variable life insurance.
This section cited in 31 Pa. Code § 82.11 (relating to scope).
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