Prohibition of payment of premium other than on agreed policy

No agent or collector thereof, and no broker shall directly or indirectly make or attempt to make an agreement as to the premium to be paid for a policy other than as set forth in the policy, or pay, allow or give, or offer or agree to pay, allow or give, a rebate of the whole or part of the premium stipulated by the policy, or any other consideration or thing of value intended to be in the nature of a rebate of premium, to any person insured or applying for insurance in respect of life, person or property, liability or interest in Belize, and an insurance intermediary or other person who contravenes this section commits an offence. 96.