The commissioner shall within 30 days after the filing of any such policies, certificates of insurance, notices of proposed insurance, applications for insurance, endorsements and riders, disapprove any such form if the benefits provided therein are not reasonable in relation to the premium charge, or if it contains provisions which are unjust, unfair, inequitable, misleading, deceptive or encourage misrepresentation of the coverage, or are contrary to any provision of the Insurance Code or of any rule or regulation promulgated thereunder.
Cal. Ins. Code § 779.9
Credit Life and Disability Insurance
Applied in 2 court decisions — leading case 16 Cal. 3d 651 - Credit Insurance General Agents Ass'n v. Payne (1976)
Most recently applied in Credit Insurance General Agents Ass'n of California, Inc. v. Payne (August 1978)
Amended by Stats. 1971, Ch. 683.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.