What is INSURABLE INTEREST IN LIFE?

the term that means to have a monetary interest in the continuing life of another person.

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Related Legal Terms
INSURABLE INTEREST, LIFE INTEREST, INSURABLE, INSURABLE RISK, AND INTEREST, TENANCY FOR LIFE, UNITY OF INTEREST, POWER COUPLED WITH AN INTEREST, CONTINGENT INTEREST IN PERSONAL PROPERTY, ENTIRE INTEREST


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