California Insurance Code

§ 10234.8

INS § 10234.8 Effective Jan 1, 2001Div. 2 · Part 2 · Ch. 2.6 · Art. 3.7

Statute text

(a)With regard to long-term care insurance, 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 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.

Legislative history

Amended by Stats. 2000, Ch. 442, Sec. 4. Effective January 1, 2001.