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Insuring someone Basically you can insure anyone with whom you have an insurable interest. meaning those on whom you have a financial or physical dependency a legal symbioses or interest in and with their permission and knowledge. If the loss of the individual would cause financial or certain other forms of physical or emotional distress then then you could probably inure them

One can insure a key employee, a provider, a Spouse, child, parent or whole family.

The future financial impact resulting from the loss of a family member will differ with surviving children from those of a surviving parent. So one should shop for insurance accordingly.

Ageing parents may need to have monthly income to bear day to day expenses and a child's needs may span the cost of child care or rearing and future education.

There are two ways you can get insured

Either you have to be a driver or that insurance plan should include passenger cover. car owner can insure passenger with maximum of 2,00,000 INR.

Compare and Buying Travel Insurance online can make your trips more memorable and secure, now you can enjoy your trip with the great peace of mind.So just do it by doing travel insurance comparison online.Compare and select the best travel policy for you and your family at a cheapest price in your Language. For Quotes:

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โˆ™ 2016-03-08 04:37:53
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โˆ™ 2016-02-21 23:01:39

Because the preceding answer is not intelligible, I'd like to clarify it.An "insurable interest" is at the root of any insurance transaction and is what differentiates insurance from wagering. An insurable interest means that an individual has a stake in the continuing life, health, or existence of the person or thing insured. The nature of the insurable interest depends upon the kind of insurance involved. For example, we all have a stake in our own lives so that we can insure our lives. We all have an interest in the existence (and good condition) of our property so we can insure it.

An insurable interest can be either monetary such that we would sustain a financial loss if the property disappeared or was damaged, or intangible. For example, "love and affection" can be a sufficient basis to find an insurable interest to support life insurance on a spouse, a child, a parent and perhaps a grandparent. An insurable interest may also exist on someone who provides care and support.

Complications in the analysis of insurable interest begin to arise the further we move away from a direct connection between the person or object insured and the person or entity that procures the insurance. The decisional (case) law of each state is significant in determining these issues, so only a very broad answer can be given

This is not intended as nor may it be construed as legal advice.

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Related questions

Can you insure a building you don't own?

You personaly can not insure the building but the society can insure the whole building.

What is a antonym for insure?

A antonym for the word insure is attack.

What is the population of Life Insure?

The population of Life Insure is 10.

Can you insure a bike that is not in my name?

In order to insure something you must have an "insurable interest" in it, so no you cannot insure something you do not own.

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they insure themselves

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How can you insure lamborghini?

Yes, you can pretty much insure any car if you can afford it.

Can you insure a car in Texas with an Australian driver's license?

you can insure a car with no license

Can you insure someone else financed car?

No. You can only insure a vehicle which is in YOUR name.

Can your father insure a boat in his name if you own it but no one will insure you?

It varies by state law. Just Gift it to him, allow him to reg and insure it and then when you can do it on your own have him gift it back to you.

Can you put insure in a sentence?

I will insure your car so repairs don't cost as much.

Can you insure your car for any driver?

You can insure the car if you list those drivers on the policy.

Can you insure your car on a revoked licence?

No. You must have a valid driver's license to insure your car.

Can you insure a car on a fleet Insurance policy even though you don't own it?

No. You can't insure a vehicle that you do not own. You must have an insurable interest in a vehicle in order to insure it.

Can one person insure two cars?

One person can insure as many vehicles as he/she can afford.

Is it possible to insure a car that doesn't belong to you?

If you insure it in the name of the person who owns the car, yes.

What is the noun of insure?

The noun form for the verb to insure is insurable. Another noun form is insurance.

What is the abstract noun for insure?

The abstract noun forms of the verb to insure are insurance and the gerund, insuring.

Can you insure your car without registration?

Yes, some companies will insure your car without registration.

How much does it cost to insure a car, at the bare minimum?

The bare minimum to insure a car is $500

Can you insure a car if im not the registered keeper?

Yes we can insure a car with tmp registration details .

Can you insure a car that you don't own?

No. You cannot insure a vehicle that you do not own. The exception would be in a family situation where two spouses own two vehicles and insure them on one policy.

Can you insure your stepdaughter on your healthcare policy?

I honestly have no idea, but that is so sweet of you to insure you stepdaughter on your healthcare policy.

Is 100000 the most money you can insure?

The government recently increased the amount it will insure to 250000 when in a bank account.

Using the word insure in a sentence?

Your insurance policy will insure you in case of a physical loss, such as a theft or a fire.