Statute · California Insurance Code
Cal. Ins. Code § 10168.7 — Standard Nonforfeiture Law for Individual Deferred Annuities
Cal. Ins. Code § 10168.7
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Any contract which does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that such benefits are not provided.
Citator
Cal. Ins. Code § 10168.7 — Standard Nonforfeiture Law for Individual Deferred Annuities is in force in the current edition of the Code, and nothing recorded condemns it.
Any contract which does not provide cash surrender benefits or does not provide death benefits at least equal to the minimum nonforfeiture amount prior to the commencement of any annuity payments shall include a statement in a prominent place in the contract that such benefits are not provided.