California Legal Codes and Statutes

§ 10509.9209

Added by Stats. 2024, Ch. 2, Sec. 6. (SB 263) Effective January 1, 2025.
(a)A life insurer shall provide to all consumers who purchase an annuity a buyer’s guide that shall be delivered as a stand-alone document with the annuity or before delivery of the annuity.
(b)For the purposes of this section, “buyer’s guide” means the National Association of Insurance Commissioners’ approved Annuity Buyer’s Guide most relevant to the type of product being recommended.

Cite this section

Cal. Ins. Code § 10509.9209 (2026)
https://ca.codecond.com/codes/ins/division-2-classes-of-insurance/part-2-life-and-disability-insurance/chapter-5-general-regulation-of-life-insurers/article-9-5-suitability-requirements-for-annuity-transactions-on-or-after-january-1-2025/section-10509.9209

Other sections in Article 9.5 - Suitability Requirements for Annuity Transactions on or after January 1, 2025

§ 10509.9200§ 10509.9201§ 10509.9202§ 10509.9203§ 10509.9204§ 10509.9205§ 10509.9206§ 10509.9207§ 10509.9208§ 10509.9209§ 10509.9210

This content is for reference, learning, and study purposes only. All legal text should be verified against the official California Legislative Information website, which is the authoritative source for California law. Data last processed: February 8, 2026.