<P> Insurable interest exists when an insured person derives a financial or other kind of benefit from the continuous existence , without impairment or damage , of the insured object ( or in the case of a person , their continued survival ) . A person has an insurable interest in something when loss of or damage to that thing would cause the person to suffer a financial or other kind of loss . </P>
<P> Insurable interest exists when an insured person derives a financial or other kind of benefit from the continuous existence , without impairment or damage , of the insured object ( or in the case of a person , their continued survival ) . A person has an insurable interest in something when loss of or damage to that thing would cause the person to suffer a financial or other kind of loss . </P>
when does insurable interest exist in a life insurance contract
when does insurable interest exist in a life insurance contract
an insured person derives a financial or other kind of benefit from the continuous existence , without impairment or damage , of the insured object ( or in the case of a person , their continued survival )
an insured person derives a financial or other kind of benefit from the continuous existence , without impairment or damage , of the insured object ( or in the case of a person , their continued survival )