Home/California/Statutes/Code INS: Insurance Code - INS/Div. 2.: DIVISION 2. CLASSES OF INSURANCE/Part 2.: PART 2. LIFE AND DISABILITY INSURANCE/Ch. 1.: CHAPTER 1. The Contract/Art. 3.: ARTICLE 3. Policy Provisions Required/§ 10152.
California Statutes

§ 10152. — 10152. (Enacted by Stats. 1935, Ch. 145.)

California § 10152.
JurisdictionCalifornia
Code INSInsurance Code - INS
Div. 2.DIVISION 2. CLASSES OF INSURANCE
Part 2.PART 2. LIFE AND DISABILITY INSURANCE
Ch. 1.CHAPTER 1. The Contract
Art. 3.ARTICLE 3. Policy Provisions Required

This text of California § 10152. (10152. (Enacted by Stats. 1935, Ch. 145.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Insurance Code - INS Code § 10152. (2026).

Text

In lieu of the application of the provisions for automatic insurance upon nonpayment of premium the policy may be surrendered to the insurer at its home office, upon due application by the legal owner thereof, within one month after date of premium default for a specified cash value which shall be at least equal to the sum which would be otherwise available for the purchase of the automatic form of insurance provided therein. The insurer may defer payment of such cash value for not more than six months after application therefor is made.

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Legislative History

Enacted by Stats. 1935, Ch. 145.
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California § 10152., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/INS/10152..