# Cal. INS § 10509.970: Section 10509.970

> California · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P2_C5.6_S10509.970

## Section

- **Citation:** Cal. INS § 10509.970
- **Heading:** Section 10509.970
- **Jurisdiction:** California
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** California Code / Code ins / Division 2 / Part 2 / Chapter 5.6 / Section 10509.970

## Text

It is the purpose of this chapter to assure prospective purchasers of life insurance that, when a presentation is made showing or comparing the cost of life insurance over a period of years which does not recognize the time value of money, it shall be accompanied by a presentation which recognizes the time value of money.

## Nearby sections

- [Cal. INS § 10509.970 Section 10509.970](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P2_C5.6_S10509.970.md)
- [Cal. INS § 10509.971 Section 10509.971](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P2_C5.6_S10509.971.md)
- [Cal. INS § 10509.972 Section 10509.972](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P2_C5.6_S10509.972.md)
- [Cal. INS § 10509.973 Section 10509.973](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P2_C5.6_S10509.973.md)
- [Cal. INS § 10509.974 Section 10509.974](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P2_C5.6_S10509.974.md)
- [Cal. INS § 10509.975 Section 10509.975](https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P2_C5.6_S10509.975.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_CA_Cins_D2_P2_C5.6_S10509.970. Check the current official text before relying on it. Not legal advice.