Everything is insurable. We can write an insurance policy on whether or not it will rain on Monday, October 1, 2055 at a specific address. Anything can be insured. The million dollar award for a hole in one during a Golf tournament are insurance policies. If the odds can be calculated an insurance company will bet on it. Not Bet but insure against a situation. A structure over water probably won't be any different than any other in the same location except for the conditions and construction will be inspected carefully.
insurable loss
Insurable interest is when a person receives a financial or other type of benefit from the continuous existence of the object that is insured. When dealing with property a person is entitled to insurable interest of the property up to the value of the property but not over the value of the property.
Insurable interest is when a person receives a financial or other type of benefit from the continuous existence of the object that is insured. When dealing with property a person is entitled to insurable interest of the property up to the value of the property but not over the value of the property.
insurable intrest is a legal right to insurer? discurse.
What is difference between marketable title and insurable title?
Probably not.
hydrofoil
An insurable interest must exist at the inception (beginning) of the policy.
yes, it is
Gills are the respiratory structures in aquatic animals that remove oxygen from water. They are specialized tissues with a large surface area that allows for efficient exchange of gases. Water passes over the gills, and oxygen diffuses from the water into the bloodstream of the aquatic animal.
Insurable interest must exist at inception of the policy cover and at the time of the loss.
why is the distinction between insurable and uninsurable risks is significant for the theory of profit