Inducing person to insure with insurer
118Every insurer, and every officer, director, agent and employee of an insurer, who for the purpose of inducing any person to insure with the insurer makes or uses any misleading statement purporting to show the dividends, profits or surplus that have been paid or may be paid by the insurer in respect of any policy, issued or to be issued by it, as the case may be, is guilty of an offence against this Act.