Insurance Code section 10509.970


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.
Last Updated

Apr. 24, 2025

§ 10509.970’s source at ca​.gov