Pennsylvania Act 1937-210 — LIFE INSURANCE, NEGOTIATION

Act text

LIFE INSURANCE, NEGOTIATION
                  Act of May 21, 1937, P.L. 774, No. 210              Cl. 40
                                  AN ACT

     Relating to statements made in negotiations for annuity or pure
        endowment contracts and policies or certificates of life,
        endowment, accident or health insurance.

        Section 1.  Be it enacted, &c., That all statements made by
     the applicant for an annuity or pure endowment contract, or
     statements made by the insured or in his behalf in the
     negotiation for a policy or certificate of life, endowment,
     accident or health insurance, or any reinstatement thereof
     issued by any insurance company, association, fraternal benefit
     society, beneficial society or exchange doing business in this
     Commonwealth, shall be deemed, in the absence of fraud, to be
     representations and not warranties.