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What is insurable loss?

insurable loss


Insurable interest is a legal right to insurer discurse?

insurable intrest is a legal right to insurer? discurse.


What is difference between marketable title and insurable title?

What is difference between marketable title and insurable title?


With a life insurance policy when must an insurable interest exist?

An insurable interest must exist at the inception (beginning) of the policy.


Are all risks are insurable?

yes, it is


When must an Insurable interest exist for a property insurance policy?

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 significant for the theory of profit?

why is the distinction between insurable and uninsurable risks is significant for the theory of profit


When does insurable interest stop with a child?

22


What is meant by the term insurable interest?

"Insurable interest" refers to a situation whereby one derives some kind of benefit from the existence or survival of another object or person. For example, one has insurable interest in one's house or car, but not that of one's distant relatives.


Can you get life insurance for your child's father if you are not married?

Yes you can. To get insurance, insurance companies, want to see an "insurable interest." Since he is the father of your child, you have an insurable interest on him.


When must an insurable interest exist in a property policy?

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.


When must insurable interest exist in a property policy?

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.