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The purpose of this act is to promote the public welfare by regulating credit life insurance and credit accident and health insurance. Nothing in this act is intended to prohibit or discourage reasonable competition. The provisions of this act shall be liberally construed.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 40 P.S. Insurance § 1007.1. Purpose - last updated January 01, 2019 | https://codes.findlaw.com/pa/title-40-ps-insurance/pa-st-sect-40-1007-1.html
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