Insurance Code section 334

Materiality is to be determined not by the event, but solely by the probable and reasonable influence of the facts upon the party to whom the communication is due, in forming his estimate of the disadvantages of the proposed contract, or in making his inquiries.

Source: Section 334, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=334. (updated Jan. 1, 1935; accessed Sep. 1, 2025).

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Verified:
Sep. 1, 2025

§ 334's source at ca.gov

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Location: https://california.public.law/codes/insurance_code_section_334

Original Source: Section 334, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=INS§ionNum=334. (last accessed May 12, 2025).