California § 10509.975. 10509.975. (Amended by Stats. 1997, Ch. 17, Sec. 90.)

California Statutes

§ 10509.975. — 10509.975. (Amended by Stats. 1997, Ch. 17, Sec. 90.)

California·Code INS Insurance Code - INS·Div. 2. DIVISION 2. CLASSES OF INSURANCE·Part 2. PART 2. LIFE AND DISABILITY INSURANCE·Ch. 5.6. CHAPTER 5.6. Life Insurance Cost Indexes

(a)A life insurer shall provide to all prospective insureds a buyer’s guide prior to accepting the applicant’s initial premium or premium deposit. However, if the policy for which application is made contains an unconditional refund provision of at least 10 days, the buyer’s guide shall be delivered with the policy or prior to delivery of the policy.

(b)For the purposes of this chapter, a buyer’s guide is a document that contains, and is limited to, the current buyer’s guide recommended for use by the National Association of Insurance Commissioners.

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(a)
A life insurer shall provide to all prospective insureds a buyer’s guide prior to accepting the applicant’s initial premium or premium deposit. However, if the policy for which application is made contains an unconditional refund provision of at least 10 days, the buyer’s guide shall be delivered with the policy or prior to delivery of the policy.
(b)
For the purposes of this chapter, a buyer’s guide is a document that contains, and is limited to, the current buyer’s guide recommended for use by the National Association of Insurance Commissioners.

California § 10509.975. (10509.975. (Amended by Stats. 1997, Ch. 17, Sec. 90.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.