Policy Clauses, Conditions and State Laws

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Side 143 - ... nor shall any such company or any agent thereof make any contract of insurance, or agreement as to such contract, other than as plainly expressed in the policy issued thereon...
Side 137 - No life insurance company doing business in this state shall make or permit any distinction or discrimination in favor of individuals between insurants (the insured) of the same class and equal expectation of life in the amount or payment of premiums or rates charged for policies of life or endowment insurance, or in the dividends or other benefits payable thereon, or in any other of the terms and conditions of the contracts it makes...
Side 147 - But no person shall be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter or thing, concerning which he may testify, or produce evidence, documentary or otherwise, before said commission, or in obedience to its subpoena, or the subpoena of either of them, or in any such case or proceeding : Provided, that no person so testifying shall be exempt from prosecution and punishment for perjury committed in so testifying.
Side 136 - ... nor shall any such company or any officer, agent, solicitor or representative thereof, pay, allow or give, or offer to pay, allow or give, directly or indirectly as inducement to insurance, any rebate of premium payable on the policy, or any special favor or advantage in the dividends or other benefits to accrue thereon, or any paid employment or contract for services of any kind or any valuable consideration or inducement whatever not specified in the policy contract of insurance...
Side 142 - ... sell or purchase as inducement to insurance or in connection therewith any stocks, bonds or other securities of any insurance company or other corporation, association or partnership, or any dividends or profits to accrue thereon or anything of value whatsoever not specified in the policy.
Side 133 - ... on the ground that such testimony or evidence may tend to incriminate himself, but no person shall be prosecuted for any act, concerning which he shall be compelled so to testify or produce evidence, documentary or otherwise, except for perjury committed in so testifying.
Side 125 - ... default for a specified cash value at least equal to the sum which would otherwise be available for the purchase of insurance as aforesaid and may stipulate that the company may defer payment for not more than six (6) months after the application therefor is made. This provision shall not be required in term insurances of twenty years or less.
Side 143 - 08 ch.-SH;%O. '08 p.18.l. to the effect that " no life insurance company doing business in this state shall make or permit any distinction or discrimination in favor of individuals between insurants of the same class...
Side 143 - Penalties enterprise in this state shall be deemed guilty of a misdemeanor and, upon conviction thereof, shall be fined in any sum not exceeding five hundred dollars, or imprisoned in the county jail not exceeding six months, or both, at the discretion of the court.
Side 134 - ... or in connection therewith, any stocks, bonds, or other securities of any insurance company or other corporation, association, or partnership, or any dividends or profits accrued thereon, or anything of value whatsoever not specified in the contract...

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