The Premium
Applied in 1 court decision — leading case American Federation of State, County & Municipal Employees, Local 2051 v. Stephens (In Re Stephens) (1985)
Most recently applied in American Federation of State, County & Municipal Employees, Local 2051 v. Stephens (In Re Stephens) (August 1985)
Enacted by Stats. 1935, Ch. 145.
A person insured is entitled to a return of the premium:
(a) When the contract is voidable, on account of the fraud or misrepresentation of the insurer.
(b) When the contract is voidable on account of facts, of the existence of which the insured was ignorant without his fault.
(c) When, by any default of the insured other than actual fraud, the insurer did not incur any liability under the policy.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.