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Definition of Insurable interest
1. Noun. An interest in a person or thing that will support the issuance of an insurance policy; an interest in the survival of the insured or in the preservation of the thing that is insured.
Lexicographical Neighbors of Insurable Interest
Literary usage of Insurable interest
Below you will find example usage of this term as found in modern and/or classical literature:
1. Life Insurance: A Textbook by Solomon Stephen Huebner (1915)
"insurable interest Arising Out of Ties of Affection, Blood or Marriage.— The
courts have generally held that certain ties of near relationship create an ..."
2. Handbook of the Law of Insurance by William Reynolds Vance (1904)
"The General Theory of insurable interest. 47. insurable interest in ...
insurable interest in Lives. 53. Interest of Creditor in Life of Debtor. 54. ..."
3. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1885)
"It is not the name of the right which gives or refuses an insurable interest; it
is the character of the right. A specific lien gives an insurable interest ..."
4. The Elements of Business Law: With Illustrative Examples and Problems by Ernest Wilson Huffcut (1905)
"An insurable interest in property is an interest in property, ... Both the
mortgagor and the mortgagee of property have an insurable interest. ..."
5. Briefs on the Law of Insurance by Roger William Cooley, Lawrence Vold (1905)
"(b) Necessity of insurable interest at inception of policy. (c) Necessity of
insurable interest based on the principle of indemnity. ..."
6. Insurance: Principles and Practices by Robert Riegel, Harry James Loman (1921)
"When an application for a policy is received by an insurance company it is not
usually granted unless there is evidence of the "insurable interest" of the ..."
7. Insurance, Principles and Practices by Robert Riegel, Henry James Loman (1922)
"CHAPTER IX insurable interest, THE BENEFICIARY AND ASSIGNMENT Description of
insurable interest.—When an application for a policy is received by an ..."
8. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1906)
"who pays the assignee, to attack the validity of the assignment on the ground
that the assignee Ъа<] no insurable interest. Hettinger v. ..."
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