Statute · California Insurance Code
Cal. Ins. Code § 1885 — Insurable Interests Peculiar to Marine Insurance
Cal. Ins. Code § 1885
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In marine insurance, a person who has an interest in the thing from which profits are expected to proceed, has an insurable interest in the profits.
Citator
Cal. Ins. Code § 1885 — Insurable Interests Peculiar to Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
In marine insurance, a person who has an interest in the thing from which profits are expected to proceed, has an insurable interest in the profits.