Statute · California Insurance Code

Cal. Ins. Code § 10486 — Valuation of Life Policies

Cal. Ins. Code § 10486

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

All policies of group insurance shall be segregated by the insurer into a separate class and the mortality experience kept separate. The number of policies, amount of insurance, reserves, premiums and payments to policyholders thereunder, together with the mortality table and interest assumption…

Citator

Cal. Ins. Code § 10486 — Valuation of Life Policies is in force in the current edition of the Code, and nothing recorded condemns it.

All policies of group insurance shall be segregated by the insurer into a separate class and the mortality experience kept separate. The number of policies, amount of insurance, reserves, premiums and payments to policyholders thereunder, together with the mortality table and interest assumption adopted by the insurer, shall be reported separately in its annual financial statement.