| (a) The furnishing of free ambulance service, reduction of rates and understatement of age are inducements to the policyholder which are discriminatory and are a rebate of the premium to that extent; no insurer may engage in these practices. (b) No insurer may misrepresent policy provisions and benefits or engage in misleading advertising. (c) The employment of an agent by the association and the acting as an agent by the individual without first obtaining a license from this department is a violation of the Insurance Code, Article 12.07. (d) Unborn babies are not persons in being upon whom a life insurance policy may be written and the insurer is wholly without the power to make such a contract. The acceptance of risks which may be reasonably expected to die within a short time after the policy is written is a fraud upon the association and the other policyholders who are members of it. No insurer may insure the
risks specified in this subsection. (e) The alteration of policy forms and provisions without advance approval by the State Board of Insurance is a violation of the Insurance Code, Article 14.18.
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