- (a) The furnishing of free ambulance service, reduction of rates and understatement of age are inducements to the policyholder which are discriminatory and are a rebate of the premium to that extent; no insurer may engage in these practices.
- (b) No insurer may misrepresent policy provisions and benefits or engage in misleading advertising.
- (c) The employment of an agent by the association and the acting as an agent by the individual without first obtaining a license from this department is a violation of the Insurance Code, Article 12.07.
- (d) Unborn babies are not persons in being upon whom a life insurance policy may be written and the insurer is wholly without the power to make such a contract. The acceptance of risks which may be reasonably expected to die within a short time after the policy is written is a fraud upon the association and the other policyholders who are members of it. No insurer may insure the risks specified in this subsection.
- (e) The alteration of policy forms and provisions without advance approval by the State Board of Insurance is a violation of the Insurance Code, Article 14.18.
Source Note:The provisions of this §13.19 adopted to be effective January 1, 1976; amended to be effective April 11, 1983, 8 TexReg 1025.