Insurance Code section 10485

Any life insurer issuing policies of group life insurance may value such policies on any accepted table of mortality with interest assumption adopted by the insurer for that purpose if such standard is not lower than the American Men Ultimate Table of Mortality with interest assumption at three and one-half per cent per annum.

Source: Section 10485, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=INS§ionNum=10485.­ (updated Jan. 1, 1935; accessed Jun. 9, 2025).

Green check means up to date. Up to date

Verified:
Jun. 9, 2025

§ 10485’s source at ca​.gov