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What are some examples of insurable interest?

Benjamin Harris | 2023-06-11 10:37:57 | page views：1259
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Abigail Wilson

Studied at the University of Queensland, Lives in Brisbane, Australia.
The insurable interest arises from the connection between the party purchasing the insurance and the subject item. The insurance purchaser stands to suffer a loss if the subject item is lost or damaged. For example, if a car is stolen, the car owner would suffer a loss.
2023-06-18 10:37:57
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Gabriel Wilson

QuesHub.com delivers expert answers and knowledge to you.
The insurable interest arises from the connection between the party purchasing the insurance and the subject item. The insurance purchaser stands to suffer a loss if the subject item is lost or damaged. For example, if a car is stolen, the car owner would suffer a loss.
What is "insurable interest"? - Community Legal Information Centre
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