KRS 304.12-090: Rebates prohibited.

(1) No insurer or employee or representative thereof shall knowingly charge, demand,

or receive a premium for any insurance policy except in accordance with the

applicable filing on file with the commissioner. No such insurer, employee, or

representative shall pay, allow, or give, or offer to pay, allow, or give, directly or

indirectly, as an inducement to insurance or after insurance has been effected, any

rebate, discount, abatement, credit or reduction of the premium named in a policy,

or any special favor o r advantage in the dividends or other benefits to accrue

thereon, or any valuable consideration or inducements whatever, or give, sell, or

purchase, or offer to give, sell, or purchase anything of value whatsoever not

specified in the policy, except to the extent provided for in such applicable filing.

(2) No insured named in a policy, nor any employee or representative thereof shall

knowingly receive or accept, directly or indirectly, any such rebate, discount,

abatement or reduction of premium, or any spe cial favor or advantage or valuable

consideration or inducement.

(3) Subsection (1) and (2) of this section shall not apply as to life insurance and health

insurance. Except as expressly provided by law no insurer, employee, or

representative shall knowingly permit or offer to make or make any contract of life

insurance, life annuity or health insurance, or agreement as to such contract other

than as plainly expressed in the contract issued thereon, or pay or allow, or give or

offer to pay, allow or give, d irectly or indirectly, as inducement to such insurance,

or annuity, any rebate of premiums payable on the contract, or any special favor or

advantage in the dividends or other benefits thereon, or any valuable consideration

or inducement whatever not expressed in the contract.