Statute · California Insurance Code
Cal. Ins. Code § 1969 — Loss in Marine Insurance
Cal. Ins. Code § 1969
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
When insurance is confined in its terms to an actual total loss, it does not cover a constructive total loss, but it does cover any loss which necessarily results in depriving the insured of the possession, at the port of destination, of the entire subject matter insured.
Citator
Cal. Ins. Code § 1969 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
When insurance is confined in its terms to an actual total loss, it does not cover a constructive total loss, but it does cover any loss which necessarily results in depriving the insured of the possession, at the port of destination, of the entire subject matter insured.