69O-150.109, F.A.C.

69O-150.109. Use of Dividends

Last amended: 1973Year: 2026Length: 78 wordsOfficial source

Cite as Fla. Admin. Code r. 69O-150.109

(1) An advertisement shall not be used that utilizes or describes dividends in a manner which is misleading or has a tendency to mislead. (2) An advertisement shall not directly or indirectly state or imply that the amount of dividends or divisible surplus is guaranteed; nor shall such advertisement state or imply that a policyholder will profit by the growth of the company. (3) Any comparison between participating and non-participating policies or contracts must be true and accurate.
69O-150.109, F.A.C.: 69O-150.109. Use of Dividends | Justis AI