P.R. Laws tit. 26, § 2711
Nothing in § 2710 of this title shall be construed so as to prohibit:
(1) Payment of lawfully earned commission or other lawful compensation to duly licensed producers, and solicitors.
(2) Distribution by a participating insurer to its participating policyholders of dividends, savings, or the unused or unabsorbed portion of premiums and premium deposits.
(3) Furnishing of information, advice or services for the purpose of reducing the loss or liability to loss under a policy.
(4) The collection of a premium as authorized by the applicable subscription.
(5) Reminders and any other type of promotional material with face value and which is not incompatible with other provisions of the Code or any regulation.
(6) The exceptions authorized by law regarding life and disability insurance.
(7) Life insurers from paying bonuses to policyholders or otherwise abating their premiums in whole or in part out of surplus accumulated from nonparticipating insurance, if such bonuses or abatements are fair and equitable to all policyholders and for the best interests of the insurer and its policyholders.
(8) In the case of insurance policies issued on the industrial debit plan, making allowance to policyholders who have continuously for a specified period made premium payments directly to an office of the insurer in an amount which fairly represents the saving in collection expense or making allowance to policyholders who make premium payments at less frequent intervals than required.
(9) Readjustment of the rate of premium for a group insurance policy based on the loss or expense experience thereunder, at the end of any policy year of insurance thereunder, which may be made retroactive only for such policy year.
History —Ins. Code § 27.110; Jan. 19, 2006, No. 10, § 9; Aug. 9, 2008, No. 230, § 9, eff. 90 days after Aug. 9, 2008.