Cal. Ins. Code § 10509.970
Current through the 2023 Legislative Session.
It is the purpose of this chapter to assure prospective purchasers of life insurance that, when a presentation is made showing or comparing the cost of life insurance over a period of years which does not recognize the time value of money, it shall be accompanied by a presentation which recognizes the time value of money.
Ca. Ins. Code § 10509.970