Except as provided in Sections 10484 and 10485, and except as provided in Section 10489.7 for benefits purchased under group annuity and pure endowment contracts subject to this article, valuations of life policies must be based on the standards set forth in Section 986.
Cal. Ins. Code § 10482
Valuation of Life Policies
Known as the Health Insurance Disclosure Act
The act spans §§ 10110–11549 (1,209 sections).
Amended by Stats. 1973, Ch. 456.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.