An insurance concept that often gets misunderstood, despite underpinning every insurance policy, is insurable interest. While it might sound technical, Willem Coetzee, CEO of Zenith, says the ...

Life insurance isn’t just for protecting your own financial future; you can also purchase policies for others, provided you have insurable interest and their consent. Insurable interest is a key ...

When you purchase a fire insurance policy, you are essentially buying financial protection against losses caused by fire or related perils. But not everyone can insure every property. To make a fire ...

It is a basic rule of law - one cannot insure, for his own benefit, the property of another. Recovery under an insurance policy requires proof of an insurable interest in the subject property at the ...

Insurance regulators plan to tackle the thorny issue of insurable interest with regard to annuity sales, preparing the groundwork for changes that could discourage stranger-originated annuity ...

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