Statute · California Insurance Code

Cal. Ins. Code § 10127.12 — General Provisions

Cal. Ins. Code § 10127.12

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Date
1994-09-29
Current through
Nov 2, 2026 (California Legislative Counsel)

Whenever an insurer provides an annual statement to a senior citizen policyowner of an individual life insurance policy or an individual annuity contract issued after January 1, 1995, the insurer shall also provide the current accumulation value and the current cash surrender value.

Citator

Cal. Ins. Code § 10127.12 — General Provisions is in force in the current edition of the Code, and nothing recorded condemns it.

Whenever an insurer provides an annual statement to a senior citizen policyowner of an individual life insurance policy or an individual annuity contract issued after January 1, 1995, the insurer shall also provide the current accumulation value and the current cash surrender value.