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§3701. Discriminations prohibited


Published: 2015

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The Vermont Statutes Online



Title

08

:
Banking and Insurance






Chapter

103

:
LIFE INSURANCE POLICIES AND ANNUITY CONTRACTS






Subchapter

001
:
GENERALLY










 

§

3701. Discriminations prohibited

A life insurance

company doing business in the state shall not make or permit to be made any

distinction or unfair discrimination between individual insureds of the same

class and of equal expectation of life as to:

(1) the amount

of the premiums or the terms of payment thereof; or

(2) the rate

charged for policies of life or endowment insuranc;, or

(3) the

dividends or other benefits payable thereon; or

(4) any of the

terms and conditions of the policies it issues. (1967, No. 344 (Adj. Sess.), §

1 (ch. 2, subch. 1, § 1).)