Section 26-A1005. DEVIATED OR REDUCED INITIAL PREMIUMS

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1005.1The Department has determined that the submission of actuarial justification for reduced or deviated initial premiums for the first policy month or months shall no longer be required as a condition precedent to engaging in the use of deviated or reduced initial premiums applicable to the first month or months of life insurance coverage.

1005.2Section 1005.1 shall not in any way be construed to liberalize the Department's policy of strict enforcement of all statutes and regulations pertaining to discrimination and misrepresentation with respect to the manner in which those deviated or reduced premiums are applied and the way in which they are advertised or otherwise represented to the insurance buying public in the District.

                    
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