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Cal. Insurance Code § 10509.935

Cal. Insurance Code § 10509.935

California · California Insurance Code · Status: effective · Effective 2012-01-01

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Cal. Insurance Code § 10509.935, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/880324
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If the insurer settles life insurance benefits through a retained asset account, the insurer shall provide the beneficiary with a supplemental contract that clearly discloses the rights of the beneficiary and the obligations of the insurer under the supplemental contract.