Section 21, Subchapter B of the Texas Administrative Code (TAC) defines and states standards for truthful and adequate disclosure of the information included in insurance advertisements and solicitations. Show
The rules apply to all forms of “advertising” by insurance agents and agencies, including but not limited to the following:
Institutional Advertisements Internet Advertising General Rules For AdvertisementsThe following rules, and others specified in the TAC, apply to all advertising, including institutional advertising:
Rules for Advertisements of Specific Policies (Non-Institutional)
Testimonials and Endorsements Use of Statistics and Citations Inducements and Incentives An advertisement may not state or imply that the insurer or agent has made or will make a donation to an organization if the organization or its members purchase insurance from the insurer or agent. Rules Pertaining to Life, Health and Accident Insurance Lead Solicitations and Group Meetings An advertisement for an event or group meeting must include the phrase “insurance sales presentation” when the meeting will be used to disseminate information regarding insurance products, or where insurance products will be offered for sale, or where individuals will be enrolled, educated or assisted with the selection of insurance products. Which of the following terms may not be used in a life insurance advertisement?No advertisement shall use the terms “investment,” “investment plan,” “founder's plan,” “charter plan,” “deposit,” “expansion plan,” “profit,” “profits,” “profit sharing,” “interest plan,” “savings,” “savings plan,” “private pension plan,” “retirement plan” or other similar terms in connection with a policy in a ...
Which of the following must be disclosed in all advertisements and policies of term life?correct! When a term life insurance monetary value index is adopted by the Commissioner, it must be disclosed in all advertisements and policies of term life insurance for individuals age 55 and older.
Which of the following is not allowed in credit life insurance?life
Which entity is responsible for regulating insurance advertising in New Jersey?17:22A-26 et seq., the Commissioner of the Department of Banking and Insurance (Commissioner) is charged with the responsibility of regulating the business of insurance in this State, including the licensing of insurance producers and Page 2 2 insurance brokers.
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