The advertisement of life insurance must not have which of the following terms?

Options

A. Investment
B. Investment plan
C. Expansion plan
D. Retirement plan

Answer

D

Explanation

(d) No advertisement shall use the term "investment", "investment plan ,' 'founder's plan.' 'charter plan.' 'deposit.' 'explantion plan.' 'profit, 'profit sharing , 'interest plan', savings,' 'saving plan, 'private pension plan ,' ' retirement plan ' or other similar term in connection with a policy in a context or under such circumstance or conditions as to have the capacity or tendency to mislead a purchaser of such policy to believe that he will receive or that it is possible that he will receive , something other than a policy or some benefit not available to other persons of the same class and equal expectation of life.