Statute · California Insurance Code

Cal. Ins. Code § 286 — Insurable Interest: Generally

Cal. Ins. Code § 286

Type
Statute
Source
California Insurance Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

An interest in property insured must exist when the insurance takes effect, and when the loss occurs, but need not exist in the meantime; an interest in the life or health of a person insured must exist when the insurance takes effect, but need not exist thereafter or when the loss occurs.

Citator

Cal. Ins. Code § 286 — Insurable Interest: Generally is in force in the current edition of the Code, and nothing recorded condemns it.

An interest in property insured must exist when the insurance takes effect, and when the loss occurs, but need not exist in the meantime; an interest in the life or health of a person insured must exist when the insurance takes effect, but need not exist thereafter or when the loss occurs.