Statute · California Insurance Code
Cal. Ins. Code § 10154 — Policy Provisions Required
Cal. Ins. Code § 10154
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any life policy issued upon the life of a resident of this State and delivered within this State, which does not contain an automatic nonforfeiture value in conformity with section 10151 shall be construed as granting the nonparticipating term insurance as provided in paragraph first of section…
Citator
Cal. Ins. Code § 10154 — Policy Provisions Required is in force in the current edition of the Code, and nothing recorded condemns it.
Any life policy issued upon the life of a resident of this State and delivered within this State, which does not contain an automatic nonforfeiture value in conformity with section 10151 shall be construed as granting the nonparticipating term insurance as provided in paragraph first of section 10151. Such a benefit shall be read into the policy.