Statute · California Insurance Code
Cal. Ins. Code § 10509.936 — Life Insurance Proceeds Disclosure Act of 2011
Cal. Ins. Code § 10509.936
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 2012-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the life insurance benefits are placed in a retained asset account, the insurer shall send the beneficiary at least one statement per quarter, and a statement for any month in which there has been account activity other than just the crediting of interest.
Citator
Cal. Ins. Code § 10509.936 — Life Insurance Proceeds Disclosure Act of 2011 is in force in the current edition of the Code, and nothing recorded condemns it.
If the life insurance benefits are placed in a retained asset account, the insurer shall send the beneficiary at least one statement per quarter, and a statement for any month in which there has been account activity other than just the crediting of interest.