California Insurance Code

§ 10192.55

INS § 10192.55 Effective Jan 1, 2002Div. 2 · Part 2 · Ch. 1 · Art. 6

Statute text

(a)With regard to Medicare supplement policies, all insurers, brokers, agents, and others engaged in the business of insurance owe a policyholder or a prospective policyholder a duty of honesty, and a duty of good faith and fair dealing.

(b)Conduct of an insurer, broker, or agent during the offer and sale of a Medicare supplement policy previous to the purchase is relevant to any action alleging a breach of the duty of honesty, and a duty of good faith and fair dealing set forth in subdivision (a).

Legislative history

Amended by Stats. 2001, Ch. 328, Sec. 4. Effective January 1, 2002.