In the case of insurance issued by a domestic insurer authorized to do business in a foreign country upon the lives of residents of that country, the commissioner may vary the mortality standard to a standard applicable to that country.
Cal. Ins. Code § 10484
Valuation of Life Policies
Known as the Health Insurance Disclosure Act
The act spans §§ 10110–11549 (1,209 sections).
Enacted by Stats. 1935, Ch. 145.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.