Statute · California Insurance Code
Cal. Ins. Code § 10237.6 — Inflation Escalator and Benefit Increases
Cal. Ins. Code § 10237.6
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 1997-10-06
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) An insurer shall include the following information in or with the outline of coverage:
Citator
Cal. Ins. Code § 10237.6 — Inflation Escalator and Benefit Increases is in force in the current edition of the Code, and nothing recorded condemns it.
(a) An insurer shall include the following information in or with the outline of coverage:
(1) A graphic comparison of the benefit levels of a policy that increases benefits at a compounded annual rate of not less than 5 percent over the policy period with a policy that does not increase benefits. The graphic comparison shall show benefit levels over at least a 20-year period.
(2) Any expected premium increases or additional premiums to pay for automatic or optional benefit increases.
(b) An insurer may use a reasonable hypothetical or graphic demonstration for purposes of this disclosure.