§ 10295.13. — 10295.13. (Added by Stats. 2013, Ch. 345, Sec. 7.)

California § 10295.13.

• Jurisdiction: California
• Code INS: Insurance Code - INS
• Div. 2.: DIVISION 2. CLASSES OF INSURANCE
• Part 2.: PART 2. LIFE AND DISABILITY INSURANCE
• Ch. 4.: CHAPTER 4. Standard Provisions in Disability Policies
• Art. 2.1.: ARTICLE 2.1. Accelerated Death Benefits

Text

In addition to other unfair trade practices described in this code, the following acts and practices in the sale of insurance under this article are prohibited:
(a)
Twisting. Knowingly making any misleading representation or incomplete or fraudulent comparison of any insurance policies or insurers for the purpose of inducing, or tending to induce, any person to lapse, forfeit, surrender, terminate, retain, pledge, assign,
borrow on or convert any insurance policy, or to take out a policy of insurance with another insurer.
(b)
High pressure tactics. Employing any method of marketing having the effect of, or tending to, induce the purchase of insurance through force, fright, threat, whether explicit or implied, or undue pressure to purchase or recommend the purchase of insurance.
(c)
Cold lead advertising. Making use directly or indirectly of any method of marketing that fails to disclose in a conspicuous manner that a purpose of the method of marketing is solicitation of insurance and that contact will be made by an insurance agent or insurance company.

Legislative History

Added by Stats. 2013, Ch. 345, Sec. 7. (SB 281) Effective January 1, 2014.