California Code of Regulations
Title 10 - Investment
Chapter 5 - Insurance Commissioner
Subchapter 2 - Policy Forms and Other Documents
Article 1.5 - Standards for Determining Conformity of Individual Disability Policies with the Provisions of Paragraph (7) of Subdivision (b) of Section 10291.5 of the Insurance Code
Subarticle 1 - Definitions
Section 2220.2 - Industrial Insurance
Universal Citation: 10 CA Code of Regs 2220.2
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
"Industrial Insurance" means that form of disability insurance embodied in a disability policy which is issued on an industrial debit basis and which provides, at issue, either:
(a) that premiums are payable weekly, or
(b) that premiums are payable monthly at a rate not greater than $15.00 per person insured per month.
It shall be presumed for the purposes of this Article that a policy will not be issued on an industrial debit basis unless:
(1) The words "Industrial Policy" are printed upon
the policy as a part of the descriptive matter, or
(2) When submitted to the Commissioner, it is
accompanied by a written certificate, over the signature of an executive officer of
the company, to the effect that such policy will be issued on such basis
only.
Disclaimer: These regulations may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
