Property Insurance FundamentalsQuestion 154 of 158
Under the standard mortgagee clause typically used in California, how much advance written notice must the insurer give the mortgagee before cancelling the policy?
a.5 days
b.At least 10 days
c.30 days
d.60 days
Explanation
The standard (Union) mortgagee clause requires the insurer to give the named mortgagee at least 10 DAYS' written notice before cancelling the policy for any reason. (Notice to the named insured for non-renewal or cancellation has its own, longer statutory periods under §678 et seq.)
Law Reference: Standard mortgagee clause; Cal. Ins. Code §678Practice all 158 questions free — no signup required.
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