BlackletterCalifornia law

Insurance Code § 10486

ARTICLE 3. Valuation of Life Policies

Current as of September 28, 2026Ins. Code, § 10486Official source ↗

Enacted by Stats. 1935, Ch. 145.

All policies of group insurance shall be segregated by the insurer into a separate class and the mortality experience kept separate. The number of policies, amount of insurance, reserves, premiums and payments to policyholders thereunder, together with the mortality table and interest assumption adopted by the insurer, shall be reported separately in its annual financial statement.