California Insurance Code ARTICLE 5 - Insurable Interest: Effect of Transfer

• Section 300.
  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...
• Section 301.
  A change of interest in a subject insured, after the occurrence of an injury which results in a loss, does not affect the right of...
• Section 302.
  A change of interest in one or more of several distinct subjects, separately insured by one policy, does not avoid the insurance as to the...
• Section 303.
  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...
• Section 304.
  In the case of partners, joint owners, or owners in common, who are jointly insured, a transfer of interest by one to another thereof does...
• Section 305.
  The mere transfer of subject matter insured does not transfer the insurance, but suspends it until the same person becomes the owner of both the...

Last modified: October 22, 2018