The independent-reporter. [volume] (Skowhegan, Me.) 1909-1955, 1913-03-06

determined to DO assessed as dIoreSalu,
against each abutting estate and said rail-
road and certify and commit said list 20
the assessors OF taxes
(Approved March 20, 1919
CHAPTER 81.
AN ACT Relating to the Relating and
Twisting OF Life, Personal Accident and
Health Insurance.
Be 1t enacted, etc:
Section l. No life insurance company do
ing business In this state Shall make or
permit any distinction or discrimination
between individuals of the same class of
Insurance risk and OF equal expectation OF
IKE In sns amount upon the pTiy
OF lie Insurance or In the dividends or
other benefits payable thereon. or In any
other Of the terms and conditions Of the
same. No company, association or society
by itself or any other party. and no IN
surance agent. solicitor or broker person
ally, or by any other party. shall offer
or Indirectly, as an inducement to life,
personal accident or health insurance, on
any risk In this state now or hereafter to
be written. anv rebate of or part Of the
agents commission thereon; nor shall any
such company, association or society,
collector oor or SrHaer ays
on or pay. directly or indirectly, as induce
1fent to such insurance any earnings. prof
IT, dividends, or other benefit. founded aris-
ancc or therefrom- or any other valuable
consideration. which is not specified. prom
lsed or provided for In the policy of insur-
ton or society, agent collector or broker,
personally or otherwise offer. promise,
give. or sell as inducement to such insur-
nent any stocks, bonds, securities or prop
erty. or any dividends or profits accruins
or to accrue thereon. nor except as speci-
fed in the policy of as,. premise or give
purchase any stocks, bonds. securities or
property for which shall be paid or agreed
to Be paid more than the fair and reason
No insured person. hrm or corporation
shall knowingly receive or accept. directly
or Indirectly. any rebate OF premium or
part thereof. or agents, solicitors or brok-
ers commission thereon payable on any
policy OF liza personal accident or health
insurance. or any special favor or advan-
II the dividend or other eenet n to ar
firm or corporation receive anything of
value az Involvement to such insurance or
In connection Herewith. which is not speci-
ned. promised or provided for In the policy
OF iuiurance.
Any company. association society. Off
Ger. solicitor, agent. broker or other person
section. shall Be guilty Of a misdemeanor
and upon conviction thereof shall be sen
fenced to pay a fine Of one hundred dol
saT e e a me to m
tor a period OF not less than ninety days
nor more than six months. The insurance
commissioner. after a hearing. shall have
suspend any license issued to any such
company. association. society. agent or
broker for period not exceeding one year.
section shall be construed to prohibit an
agent from receiving commissions from
his company for such insurans on himself
"a n nYOhihif iSslng
NON participating Life insurance from pay
Inf bonuses. to policyhoiders or otherwise
abating their premium, II WHOLE 9ler or IN
participating insurance; nor to prohibit
any company transacting industrial insur-
ance on the weekly payment plan from re-
premium payments Tor A period of at least
one year directly to the company at its
home or branch OFFICES percentage. OF the
paid for the weekly collection Of such
premiums; nor TO prohibit any life insur-
ance company doing business in this state
from Issuing policies 81 lfe or endowment
rates less than the usual rates OF premi-
ums for such policies insuring members Of
organiza tons or employees of any employer
who through their secretary or employer
may take out insurance in an aggregate OF
not less than fifty members and pay their
premiums through such secretary or en-
Section g. No insurance company, asso-
citation or society, or any officer. director,
agent. broker or solicitor thereof shall is
sue circulate or use, or cause or permit
to be issued, circulated used, any writ
ten or oral statement, or circular misrep-
resenting the terms Of any life, personal
accident or health policy issued or to be
issued by such company. or misreoresent-
ing the benefits or privileges promised I'M
der any such policy No insurance COM
pany, association or society, officer direct
or agent solicitor or broker, or any per-
son. firm, associa ton or corporation shall
make any misrepr esentation oral, written
or otherwise. to any person for the purpose
Of Inducing or tending to induce such per-
son to take out Il policy OF life. personal
accident or health insurance, or for the
purpose of inducing or tending to induce
any person having life personal accident
or health lnsurlnce to lanSe. Forfeit or