A valued policy is one which expresses on its face an agreement that the thing insured shall be valued at a specified sum.
(Enacted by Stats. 1935, Ch. 145.)
Ins. Code § 412, under Types of Policies.
Ins. Code § 412
A valued policy is one which expresses on its face an agreement that the thing insured shall be valued at a specified sum.
(Enacted by Stats. 1935, Ch. 145.)