Replacements With the Same Insurer or Insurer Group

Act 284 of 1921, § 409-A, under "INSURANCE COMPANY LAW OF 1921, THE".

Act 284 of 1921, § 409-A

Section 409-A. Replacements With the Same Insurer or Insurer Group.--When there is solicitation for the replacement of an existing life insurance policy or annuity with the same insurer or insurer group, the insurer shall, through its producers where appropriate, provide a "Notice Regarding Replacement of Life Insurance and Annuities" in the form set forth under 31 Pa. Code Ch. 81 (relating to replacement of life insurance and annuities).

(409-A added Dec. 18, 1996, P.L.1003, No.154)