Statute · California Insurance Code

Cal. Ins. Code § 300 — Insurable Interest: Effect of Transfer

Cal. Ins. Code § 300

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

Except in the cases specified in the next four sections, and in the cases of life and disability insurance, a change of interest in any part of a subject insured, unaccompanied by a corresponding change of interest in the insurance, suspends the insurance to an equivalent extent until the…

Citator

Cal. Ins. Code § 300 — Insurable Interest: Effect of Transfer is in force in the current edition of the Code, and nothing recorded condemns it.

Except in the cases specified in the next four sections, and in the cases of life and disability insurance, a change of interest in any part of a subject insured, unaccompanied by a corresponding change of interest in the insurance, suspends the insurance to an equivalent extent until the interest in the subject and the interest in the insurance are vested in the same person.