California Insurance Code 10325 – The word “insured,” as used in this chapter, shall not be construed …
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The word “insured,” as used in this chapter, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein.
(Added by Stats. 1951, Ch. 570.)
Terms Used In California Insurance Code 10325
- insured: as used in this chapter , shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein. See California Insurance Code 10325
- Person: means any person, association, organization, partnership, business trust, limited liability company, or corporation. See California Insurance Code 19