In marine insurance, concealment in respect to any of the following matters does not vitiate the entire contract, but merely exonerates the insurer from a loss resulting from the risk concealed:

(a) The national character of the insured.

Terms Used In California Insurance Code 1903

  • Contract: A legal written agreement that becomes binding when signed.
  • Foreign: means not organized under the laws of this State, whether or not admitted. See California Insurance Code 27

(b) The liability of the subject matter to capture and detention.

(c) The liability to seizure from breach of foreign laws of trade.

(d) The want of necessary documents.

(e) The use of false and simulated papers.

(Amended by Stats. 2006, Ch. 538, Sec. 462. Effective January 1, 2007.)

  Previous section
Next section  
 Article 2 Contents