Report of the Commissioners for the Revision And Reform of the Law December 5
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Note. — The amendment removes fire insurance policies from the operation of the section, inasmuch as such policies are to be of the standard form provided in the Political Code. CIVIL CODE. 99 Section 2587. To be amended to read as follows: Sec. 2587. A policy of insurance, other than a policy of fire or marine insurance, must specify: 1. The parties between whom the contract is made; 2. The rate of premium; 3. The property or life insured; 4. The interest of the insured in property insured, if... he is not the absolute owner thereof; 5. The risks insured against; and, 6. The period during which the insurance is to continue. Section 2610. To be amended to read as follows: Sec. 2610. A breach of warranty exonerates an insurer from the time that it occurs; or, where it is broken in its inception, prevents the policy from attaching to the risk. Section 2611. To be amended to read as follows: Sec. 2611. The violation of a material provision of a policy on the part of either party entitles the other to rescind.
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