California Insurance Code 788 – An insurer, agent, broker, or other person engaged in the transaction …
Current as of: 2024 | Check for updates
|
Other versions
An insurer, agent, broker, or other person engaged in the transaction of insurance shall not knowingly recommend for sale, or sell, disability insurance providing health benefits directly to a Medi-Cal beneficiary who is age 65 or older. For disability insurance providing health benefits sold to a person age 65 or older, the application or other supplemental record signed by the applicant shall contain a question designed to determine if the applicant is receiving Medi-Cal benefits.
(Added by Stats. 1990, Ch. 1454, Sec. 1.)
Terms Used In California Insurance Code 788
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Insurance Code 19