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Cal. Insurance Code § 10509.970

Cal. Insurance Code § 10509.970

California · California Insurance Code · Status: effective · Effective 1997-01-01

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Cal. Insurance Code § 10509.970, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/880353
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It is the purpose of this chapter to assure prospective purchasers of life insurance that, when a presentation is made showing or comparing the cost of life insurance over a period of years which does not recognize the time value of money, it shall be accompanied by a presentation which recognizes the time value of money.