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 2220.6 - Time and Amount Equivalents
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
Periods of time or dollar amounts defining standards in this Article may also be expressed in rounded equivalents. For example, the following, respectively illustrate equivalent periods of time:
(1) One month, four weeks and thirty days.
(2) Three months, thirteen weeks and ninety days.
(3) Twelve months, one year and three hundred sixty days.The following, respectively, illustrate equivalent dollar amounts:
A benefit payable as long as the insured shall live and remain disabled shall be deemed to be payable for a period of time not less than any period of time specified in the standards contained in this Article.
