California Insurance Code

§ 10209

INS § 10209 Effective Jan 1, 2007Div. 2 · Part 2 · Ch. 2

Statute text

(a)Except as provided by Sections 10203.5 and 10203.8, the policy shall contain a provision that the insurer will issue to the employer for delivery to the insured employee an individual certificate setting forth:

(1)A statement as to the insurance protection to which the employee is entitled and to whom payable.

(2)A provision that if the employment terminates for any reason whatsoever and the employee applies to the insurer within 31 days after the termination, paying the premium applicable to the class of risk to which he or she belongs and to the form and amount of the policy at his or her then attained age, he or she is entitled, without producing evidence of insurability, to the issue by the insurer of any individual life policy in any one of the forms, other than term insurance, customarily issued by the insurer.

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Legislative history

Amended by Stats. 2006, Ch. 538, Sec. 469. Effective January 1, 2007.