California Insurance Code 10247 – Limited death benefit insurance contracts may be issued and delivered …
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Limited death benefit insurance contracts may be issued and delivered in this state upon the life of any person in this state who makes premium payments over a period of time to purchase a funeral insurance policy. Those policies shall be subject to the disclosure requirements of this chapter.
(Added by Stats. 1995, Ch. 340, Sec. 1. Effective January 1, 1996.)
Terms Used In California Insurance Code 10247
- Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Insurance Code 19
- State: means the State of California, unless applied to the different parts of the United States. See California Insurance Code 28