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What is the meaning if Insurable Interest?

johnpraveen

26-09-2007 13:36

Messages: 6
Country: France
City: Paris

What is the meaning if Insurable Interest?

Re: What is the meaning if Insurable Interest?

brain

26-09-2007 13:53

Messages: 11
Country: USA
City: California

Insurable Interest is the right of the person to effect insurance, arising out of certain dealings that may exist between the policyholder and the subject matter insured. Insurable interest is the legal pre-requisite for Insurance.

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