State RegulationsCA specific✓ Verified · outline & fact-checked · Sep 2026Difficulty 1/5
Under California Insurance Code Section 250, an insurable event is one whose happening, or the time of whose happening, is uncertain. Applying this definition, death is an insurable event for life insurance purposes because:
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Section 250 defines insurable events as those whose happening or whose time of happening is uncertain. The word 'or' is key: only one type of uncertainty is required. Because everyone eventually dies, the happening of death is certain — but the time is unknown, so the event satisfies the 'time uncertain' branch of the definition. This is what makes life insurance, which pays on an event certain to occur at an unpredictable time, valid insurance.
Why the other options are wrong
- B) Death's happening is certain; only its timing is uncertain, and that single uncertainty is sufficient under Section 250.
- C) Section 250 creates no exception for life insurance; the definition naturally accommodates it through the time-uncertainty branch.
- D) Life insurance is squarely governed by the insurable-events definition; it qualifies because timing is unknown.
Memory hook
Death is certain; the calendar date is not. Section 250 only needs one of the two to wobble.