760 Ind. Admin. Code 1-13-6
Authority: IC 27-1-3-7
Affected: IC 27-1-3-7; IC 27-4-1
Sec. 6.
Any violation of any of the provisions of this Regulation shall be deemed to be a violation of the Insurance Laws of this State when occurring in the advertising, promotion, solicitation, negotiation of or effecting the sale of life insurance and shall subject any person, firm or corporation so violating any provision of said Regulation to all the penalties provided by law. This conduct shall include any device or presentation, whether involving language or illustrations disseminated by means of sales kits, policy jackets or covers or forms, letters, personal presentations, visual aids or other media. The listing of such specific acts is not intended to imply that other acts not described, but otherwise unlawful, will be condoned. The procedure for enforcement of this Regulation shall be that prescribed in the "Unfair Competition and Practice Act" being Acts 1947, Chapter 112 [IC 27-4-1 ], Page 328, as amended. In addition thereto, any Life Insurance Agent or Life Insurance Broker violating any provision of this Regulation shall be deemed to be in violation of the Insurance Laws of this State and subject to the provisions and the proceedings for revocation or suspension of license as provided in Acts 1945, Chapter 162, Page 588, being Section 225 [sic., Refers to Acts 1935, Chapter 162, section 222. Codified as IC 27-1-16-5. Repealed by P.L. 280-1977, SECTION 3. See, IC 27-1-15.5 concerning the licensure of insurance agents.]of the Indiana Insurance Law. (Sec. 39-4601 et seq. [IC 27-1-16 ]Indiana Statutes.)
760 IAC 1-13-6