Statute · California Insurance Code
Cal. Ins. Code § 1989 — Loss in Marine Insurance
Cal. Ins. Code § 1989
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Where profits are separately insured in marine insurance, in case of loss the insured is entitled to recover that proportion of such profits which the value of the subject matter lost bears to the value of the whole.
Citator
Cal. Ins. Code § 1989 — Loss in Marine Insurance is in force in the current edition of the Code, and nothing recorded condemns it.
Where profits are separately insured in marine insurance, in case of loss the insured is entitled to recover that proportion of such profits which the value of the subject matter lost bears to the value of the whole.