{"code":"INS","codeName":"Insurance Code","section":"10237.5","citation":"Ins. Code, § 10237.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. CLASSES OF INSURANCE [1880. - 12880.8.]","url":"https://blackletter.si/insurance-code/division-2"},{"name":"PART 2. LIFE AND DISABILITY INSURANCE [10110. - 11549.]","url":"https://blackletter.si/insurance-code/division-2/part-2"},{"name":"CHAPTER 2.6. Long-Term Care Insurance [10231. - 10237.6.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-2.6"},{"name":"ARTICLE 5. Inflation Escalator and Benefit Increases [10237. - 10237.6.]","url":"https://blackletter.si/insurance-code/division-2/part-2/chapter-2.6/article-5"}],"history":"Amended by Stats. 1999, Ch. 947, Sec. 18.   Effective January 1, 2000.","effective":"2000-01-01","html":"<p>(a) An inflation protection provision that increases benefit levels annually in a manner so that the increases are compounded annually at a rate not less than 5 percent shall be included in a long-term care insurance policy unless an insurer obtains a rejection of inflation protection signed by the policyholder.</p><p>(b) The rejection, to be included in the application or on a separate form, shall state: <br />“I have reviewed the outline of coverage and the graphs that compare the benefits and premiums of this policy with and without inflation protection. Specifically, I have reviewed the plan, and I reject 5 percent annual compound inflation protection.</p><table><colgroup><col /><col /></colgroup><tbody><tr><td><p></p></td><td><p></p></td></tr><tr><td><p>Signature of Applicant</p></td><td><p>Date”</p></td></tr></tbody></table>","text":"(a) An inflation protection provision that increases benefit levels annually in a manner so that the increases are compounded annually at a rate not less than 5 percent shall be included in a long-term care insurance policy unless an insurer obtains a rejection of inflation protection signed by the policyholder. (b) The rejection, to be included in the application or on a separate form, shall state: “I have reviewed the outline of coverage and the graphs that compare the benefits and premiums of this policy with and without inflation protection. Specifically, I have reviewed the plan, and I reject 5 percent annual compound inflation protection. Signature of Applicant Date”","otherVersions":[],"url":"https://blackletter.si/insurance-code/inflation-escalator-and-benefit-increases-10237-5","source":"California Legislative Information bulk export (pubinfo)"}