Statute · California Insurance Code

Cal. Ins. Code § 287 — Insurable Interest: Generally

Cal. Ins. Code § 287

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

Every stipulation in a policy of insurance for the payment of loss whether the person insured has or has not any interest in the property insured, or that the policy shall be received as proof of such interest, is void.

Citator

Cal. Ins. Code § 287 — Insurable Interest: Generally is in force in the current edition of the Code, and nothing recorded condemns it.

Every stipulation in a policy of insurance for the payment of loss whether the person insured has or has not any interest in the property insured, or that the policy shall be received as proof of such interest, is void.