DIVISION 2. CLASSES OF INSURANCE 1880-12880.6›PART 2. LIFE AND DISABILITY INSURANCE 10110-11549›CHAPTER 5. General Regulation of Life Insurers 10430-10509.946›ARTICLE 8. Requirements for Replacement of Life Insurance and Annuity Policies 10509-10509.9
§ 10509.5
California Insurance Code · 2020-11 edition · updated 2026-10-04 · California
Every life insurer shall do the following:
(a) Inform its field representatives or other personnel responsible for compliance with this article of the requirements of this article.
(b) Require with, or as part of, each completed application for life insurance or annuity a statement signed by the applicant as to whether such proposed insurance or annuity will replace existing life insurance or annuity.
(Added by Stats. 1990, Ch. 963, Sec. 1.)
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