Other prohibited practices
8 V.S.A. § 3702
in effect3702. Other prohibited practices
A life insurance company doing business in the State or an agent thereof shall not:
(1) issue a policy of insurance or make an agreement other than that plainly expressed in the policy issued to the insured;
(2) pay or allow, or offer to pay or allow, as an inducement to insurance, a rebate or premium payable on the policy;
(3) grant a special favor or advantage in the dividends or other benefits to accrue thereon; or
(4) provide any valuable consideration or inducement not specified in the policy.
Added 1967, No. 344 (Adj. Sess.), § 1 (ch. 2, subch. 1, § 2).
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/08/103/03702Fetched: 10/21/2026