California · Insurance Code
INS §10509.952: This chapter shall apply to all group and individual life insurance policies and certificates except as follows: (a) Variable life insurance.
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This chapter shall apply to all group and individual life insurance policies and certificates except as follows: (a) Variable life insurance. (b) Individual and group annuity contracts. (c) Credit life insurance. (d) Life insurance policies with no illustrated death benefits on any individual exceeding ten thousand dollars ($10,000).
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