Cal. Ins. Code § 10485

Current through the 2023 Legislative Session.
Section 10485 - Valuation of policies by life insurer issuing group life insurance

Any life insurer issuing policies of group life insurance may value such policies on any accepted table of mortality with interest assumption adopted by the insurer for that purpose if such standard is not lower than the American Men Ultimate Table of Mortality with interest assumption at three and one-half per cent per annum.

Ca. Ins. Code § 10485

Enacted by Stats. 1935, Ch. 145.