Cal. Insurance Code § 10509.934
Cal. Insurance Code § 10509.934
California · California Insurance Code · Status: effective · Effective 2012-01-01
Cite this
- Citation
- Cal. Insurance Code § 10509.934, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/880323
- Permanent ID
ys:prov:880323@1- SHA-256
075731c975baefc64de4a230da1255ece3a8ecb773de4e2ccbf2d62eda60fe65
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
The insurer shall provide the beneficiary of life insurance proceeds, at the time a claim is made, written information describing the settlement options available under the policy and any other option available to the beneficiary for the receipt of proceeds, including retained asset accounts, and how to obtain specific details relevant to those options. If a retained asset account is one of the available options, the written information shall include all of the disclosures required by Section 10509.937.