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California · Through 2026-09-13

INS § 10509.970

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Where this section sits in the code
  1. Insurance Code - INS
  2. DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]
  3. PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]
  4. CHAPTER 5.6. Life Insurance Cost Indexes [10509.970. - 10509.975.]

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.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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