The following terminology is not present:
- (1) The term ‘‘warrant’’ or ‘‘certify,’’ unless used in reference to a tax identification or social security number, or a lost policy. This complies with § 89.12(d) (relating to application forms).
- (2) The term ‘‘special,’’ unless used in reference to or to designate one or more of the following: a premium payment mode, a premium rating class, a settlement option or options under a policy, an empty box on the application within which applicant requests may be recorded. This complies with § 89.13(c) (relating to use of certain words and terms).
- (3) The term ‘‘deposit,’’ unless used in conjunction with the word ‘‘premium’’ or the payment establishes a debtor-creditor relationship. This complies with § 87.28 (relating to reference to payment as ‘‘deposit’’).
- (4) The term ‘‘legal reserve’’, the absence of which complies with Chapter 139 (relating to prohibited phrases).
- (5) The term ‘‘franchise,’’ unless used in reference to accident and health insurance.
- (6) The term ‘‘sponsor’’ unless used in reference to an entity which pays all or part of the premium or is a pension or welfare plan sponsor under ERISA.