Section 10223 Of Chapter 2.5. Blanket Life Insurance From California Insurance Code >> Division 2. >> Part 2. >> Chapter 2.5.
10223
. A blanket life insurance policy may provide that the insurer
is not liable, or is liable only in a reduced amount, for losses
arising from conditions:
(a) Relating to war or acts of war;
(b) Relating to military or naval service;
(c) Relating to aviation.
After notice and hearing the commissioner may prescribe reasonable
rules and regulations relative to the use of provisions permitted by
this section in respect to policies outstanding or hereafter issued.