Cal. INS § 10509.936
This is the official text of Cal. INS § 10509.936, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
If the life insurance benefits are placed in a retained asset account, the insurer shall send the beneficiary at least one statement per quarter, and a statement for any month in which there has been account activity other than just the crediting of interest.
Status: in_force · Read it on the official government site
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