§ 10509.936

California Insurance Code · 2026 edition · updated 2026-10-04 · California

If the life insurance benefits are placed in a retained asset account, the insurer shall send the beneficiary at least one statement per quarter, and a statement for any month in which there has been account activity other than just the crediting of interest.

(Added by Stats. 2011, Ch. 130, Sec. 1. (SB 713) Effective January 1, 2012.)

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California Insurance Code

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