Before meeting in the home of a California prospect age 65 or older to present life insurance or annuity products, a producer must deliver a written notice of the visit. How far in advance must the written notice be delivered to the senior?

Explanation

California Insurance Code §789.10 requires that before an in-home solicitation appointment with a senior age 65 or older to discuss life insurance or annuity products, the agent must deliver in writing a notice stating the names of all persons who will attend, the date and time, the right to have other persons present, and the right to end the appointment at any time. The notice must be delivered at least 24 hours in advance — or, if the senior consents, the notice may be delivered at the door at the time of the appointment. The 24-hour 'cooling' notice is designed to prevent high-pressure surprise sales calls. The window of at least 5 but not more than 14 days confuses this with the 14-day annuity disclosure preliminary period. The 30-calendar-day and 48-hour windows fabricate other periods.