California Insurance Code

§ 10237.6

INS § 10237.6 Effective Oct 6, 1997Div. 2 · Part 2 · Ch. 2.6 · Art. 5

Statute text

(a)An insurer shall include the following information in or with the outline of coverage:

(1)A graphic comparison of the benefit levels of a policy that increases benefits at a compounded annual rate of not less than 5 percent over the policy period with a policy that does not increase benefits. The graphic comparison shall show benefit levels over at least a 20-year period.

(2)Any expected premium increases or additional premiums to pay for automatic or optional benefit increases.

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Legislative history

Added by Stats. 1997, Ch. 699, Sec. 22. Effective October 6, 1997.