Misrepresentation of Policy

It is unlawful for an insurer, broker, agent, or solicitor to cause or permit to be issued, circulated or used, any misrepresentation of the following: (a) The terms of a policy issued by the insurer or sought to be negotiated by the person making or permitting the misrepresentation; (b) The benefits or privileges promised thereunder; (c) The future dividends payable thereunder. SOURCE: GC § 43256.