Cal. Ins. Code § 10127.12

Current through the 2023 Legislative Session.

Section 10127.12 - Current accumulation value and current cash surrender value provided senior citizen policyholder

Whenever an insurer provides an annual statement to a senior citizen policyowner of an individual life insurance policy or an individual annuity contract issued after January 1, 1995, the insurer shall also provide the current accumulation value and the current cash surrender value.

Ca. Ins. Code § 10127.12

Amended by Stats. 1994, Ch. 984, Sec. 3. Effective September 29, 1994.