Any life insurer may issue policies of blanket life insurance for a term not exceeding one year with premium rates less than the usual rates for such insurance. Such policies may thereafter be renewed.
(Added by Stats. 1957, Ch. 367.)
Ins. Code § 10220, under Blanket Life Insurance.
Ins. Code § 10220
Any life insurer may issue policies of blanket life insurance for a term not exceeding one year with premium rates less than the usual rates for such insurance. Such policies may thereafter be renewed.
(Added by Stats. 1957, Ch. 367.)