BlackletterCalifornia law

Insurance Code § 10489.95

ARTICLE 3a. Standard Valuation Law

Current as of September 28, 2026Ins. Code, § 10489.95Official source ↗

Repealed and added by Stats. 2015, Ch. 658, Sec. 19. (SB 696) Effective January 1, 2016.

For accident and health insurance contracts issued on or after the operative date of the valuation manual, the standard prescribed in the valuation manual is the minimum standard of valuation required under subdivision (b) of Section 10489.12. For disability and accident and health insurance contracts issued prior to the operative date of the valuation manual, the minimum standard of valuation is the standard adopted by the commissioner by regulation.