California Insurance Code

§ 10509.931

INS § 10509.931 Effective Jan 1, 2012Div. 2 · Part 2 · Ch. 5 · Art. 11

Statute text

The Legislature finds and declares all of the following:

(a)The occasion of the death of a spouse, parent, child, partner, or other loved one is a difficult time, accompanied by severe emotional stress, and is frequently a time of important and often difficult financial decisions.

(b)Life insurance is intended to provide an important resource to support and ease financial decisions at such a time.

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Legislative history

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