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DIVISION 1. GENERAL RULES GOVERNING INSURANCE 100-1879.8›PART 1. THE CONTRACT 100-679.74›CHAPTER 2. Parties, Events, and Interests 150-305›ARTICLE 4. Insurable Interest: Generally 280-287

§ 286

California Insurance Code · 2018-11 edition · updated 2026-10-04 · California

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.

(Amended by Stats. 1935, Ch. 308.)

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