Meaning Of The Word Insurable interest

Real Dictionary

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Insurable interest Meaning

Insurable interest Definition
Insurable interest Definition

What's The Definition Of Insurable interest?

insurable interest in British English
noun: a financial or other interest in the life or property covered by an insurance contract, without which the contract cannot be enforced

insurable interest in Insurance
noun: If a person has an insurable interest in the life or property covered by an insurance contract, they would suffer financial loss if the thing insured were damaged or destroyed.

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