DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 2.6. Long-Term Care Insurance 10231-10237.6›ARTICLE 5. Inflation Escalator and Benefit Increases 10237-10237.6
§ 10237.6
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
(a) An insurer shall include the following information in or with the outline of coverage:
(1) A graphic comparison of the benefit levels of a policy that increases benefits at a compounded annual rate of not less than 5 percent over the policy period with a policy that does not increase benefits. The graphic comparison shall show benefit levels over at least a 20-year period.
(2) Any expected premium increases or additional premiums to pay for automatic or optional benefit increases.
(b) An insurer may use a reasonable hypothetical or graphic demonstration for purposes of this disclosure.
(Added by Stats. 1997, Ch. 699, Sec. 22. Effective October 6, 1997.)
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