Statute · California Insurance Code
Cal. Ins. Code § 303 — Insurable Interest: Effect of Transfer
Cal. Ins. Code § 303
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
A change of interest by will or succession, on the death of the insured, does not avoid insurance; and his interest in the insurance passes to the person taking his interest in the subject matter insured.
Citator
Cal. Ins. Code § 303 — Insurable Interest: Effect of Transfer is in force in the current edition of the Code, and nothing recorded condemns it.
A change of interest by will or succession, on the death of the insured, does not avoid insurance; and his interest in the insurance passes to the person taking his interest in the subject matter insured.