All of the following practices would be prohibited EXCEPT?

The practice of projecting a dividend on a participating policy is acceptable because it aligns with the standard practices of mutual insurance companies that issue participating policies. These policies are designed to share profits with policyholders in the form of dividends, which means it is legitimate to estimate or project potential dividends based on historical data and company performance. This practice is regulated and based on past trends in dividends, thus giving policyholders an idea of what they might expect in terms of returns.

In contrast, the misrepresentation of the effect of a loan on a policy, the use of a misleading name for a policy, and the misrepresentation of benefits or terms of any insurance policy involve deceptive practices that could mislead consumers and violate ethical standards and regulations set by insurance authorities. Each of these other practices compromises the transparent and honest relationship that should exist between an insurance provider and its clients.