Section 2459.
Cal. Probate Code - PROB § 2459.
in effect(a)
The guardian or conservator may obtain, continue, renew, modify, terminate, or otherwise deal in any of the following for the purpose of providing protection to the ward or conservatee or a person legally entitled to support from the ward or conservatee:
(1)
Medical, hospital, and other health care policies, plans, or benefits.
(2)
Disability policies, plans, or benefits.
(b)
The conservator may continue in force any of the following in which the conservatee, or a person legally entitled to support, maintenance, or education from the conservatee, has or will have an interest:
(1)
Life insurance policies, plans, or benefits.
(2)
Annuity policies, plans, or benefits.
(3)
Mutual fund and other dividend reinvestment plans.
(4)
Retirement, profit-sharing, and employee welfare plans or benefits.
(c)
The right to elect benefit or payment options, to terminate, to change beneficiaries or ownership, to assign rights, to borrow, or to receive cash value in return for a surrender of rights, or to take similar actions under any of the policies, plans, or benefits described in subdivision (b) may be exercised by the conservator only after authorization or direction by order of the court, except as permitted in Section 2544.5. To obtain such an order, the conservator or other interested person shall petition under Article 10 (commencing with Section 2580).
(d)
Notwithstanding subdivision (c), unless the court otherwise orders, the conservator without authorization of the court may borrow on the loan value of an insurance policy to pay the current premiums to keep the policy in force if the conservatee followed that practice prior to the establishment of the conservatorship.
(e)
The guardian may give the consent provided in Section 10112 of the Insurance Code without authorization of the court, but the guardian may use funds of the guardianship estate to effect or maintain in force a contract entered into by the ward under Section 10112 of the Insurance Code only after authorization by order of the court. To obtain such an order, the guardian, the ward, or any other interested person shall file a petition showing that it is in the best interest of the ward or of the guardianship estate to do so. Notice of the hearing on the petition shall be given for the period and in the manner provided in Chapter 3 (commencing with Section 1460) of Part 1.
(f)
Nothing in this section limits the power of the guardian or conservator to make investments as otherwise authorized by this division.
References
referencesCal. Insurance Code - INS § 10112.
referencesCal. Probate Code - PROB § 2544.5.
referencesCal. Probate Code - PROB § 2580.
referencesCal. Probate Code - PROB § 1460.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026