Rhode Island Code of Regulations
Title 230 - Department of Business Regulation
Chapter 20 - Insurance
Subchapter 25 - LIFE AND ANNUITIES
Part 5 - Advertisements of Life Insurance and Annuities (230-RICR-20-25-5)
Section 230-RICR-20-25-5.9 - Statements About the Insurer
Universal Citation: 230 RI Code of Rules 20 25 5.9
Current through September 18, 2024
An advertisement shall not contain statements, pictures or illustrations that are false or misleading, in fact or by implication, with respect to the assets, liabilities, insurance in force, corporate structure, financial condition, age or relative position of the insurer in the insurance business. An advertisement shall not contain a recommendation by any commercial rating system unless it clearly defines the scope and extent of the recommendation including, but not limited to, the placement of insurer's rating in the hierarchy of the rating system cited.
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