California § 10509.5. 10509.5. (Added by Stats. 1990, Ch. 963, Sec. 1.)

California Statutes

§ 10509.5. — 10509.5. (Added by Stats. 1990, Ch. 963, Sec. 1.)

California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 5. CHAPTER 5. General Regulation of Life Insurers·Art. 8. ARTICLE 8. Requirements for Replacement of Life Insurance and Annuity Policies

Every life insurer shall do the following:

(a)Inform its field representatives or other personnel responsible for compliance with this article of the requirements of this article.

(b)Require with, or as part of, each completed application for life insurance or annuity a statement signed by the applicant as to whether such proposed insurance or annuity will replace existing life insurance or annuity.

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Every life insurer shall do the following:
(a)
Inform its field representatives or other personnel responsible for compliance with this article of the requirements of this article.
(b)
Require with, or as part of, each completed application for life insurance or annuity a statement signed by the applicant as to whether such proposed insurance or annuity will replace existing life insurance or annuity.

California § 10509.5. (10509.5. (Added by Stats. 1990, Ch. 963, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.