GroundRules
INS § 10509.934
Where this section sits in the code
- Insurance Code - INS
- DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
- PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]
- CHAPTER 5. General Regulation of Life Insurers [10430. - 10509.946.]
- ARTICLE 11. Life Insurance Proceeds Disclosure Act of 2011 [10509.930. - 10509.938.]
The insurer shall provide the beneficiary of life insurance proceeds, at the time a claim is made, written information describing the settlement options available under the policy and any other option available to the beneficiary for the receipt of proceeds, including retained asset accounts, and how to obtain specific details relevant to those options. If a retained asset account is one of the available options, the written information shall include all of the disclosures required by Section 10509.937.
Collected 2026-09-14T05:56:33Z. Source file · JSON