Okla. Stat. tit. 36, § 36-1214: Fair disclosure - Protection against misleading sales

methods.

The purpose of this act is to assure fair disclosure of relevant

facts in the sale of life insurance and annuity contracts. This act

is also designed to protect citizens of the State of Oklahoma as

purchasers and prospective purchasers of life insurance policies or

annuity contracts against the use of sales methods which are

misleading because of:

1. The omission of facts fairly describing the subject matter

as a life insurance policy or annuity contract and the benefits

obtainable thereunder;

2. An undue emphasis upon facts which, even though correct, are

not relevant to the sale of life insurance or annuities; or

3. An undue emphasis upon features which are of incidental or

secondary importance to the life insurance aspects of a policy.

This act is deemed necessary for the effectuation of Section

1201 et seq., Title 36, Oklahoma Statutes, known as the Unfair

Practices and Frauds Act; Section 1401 et seq., Title 36, Oklahoma

Statutes; and Sections 2741 and 2742, Title 36, Oklahoma Statutes;

and shall be construed as supplemental and cumulative to existing

laws.