insurable interest उदाहरण वाक्य
उदाहरण वाक्य
- The insurable interest requirement usually demonstrates that the purchaser will actually suffer some kind of loss if the CQV dies.
- A company may have an insurable interest in a President / CEO or other employee with special knowledge and skills.
- In Texas, only those with an " insurable interest " can take a life insurance policy out on someone's life.
- With no insurable interest requirement, the risk that a purchaser would murder the CQV for insurance proceeds would be great.
- In general, state laws require an owner of a policy to have an insurable interest in the life of the insured.
- A person who is financially dependent on a second person has an insurable interest in the life of that second person.
- Texas laws limit those with an insurable interest to close relatives, a creditor or a company wanting to insure a top executive.
- Insurable interest is no longer strictly an element of life insurance contracts under modern law, for example with viatication agreements and charitable donations.
- And with the new Shapiro bill, a company automatically has an " insurable interest " when an employee gives his consent to the coverage.
- There is no requirement that the beneficiary have a proven insurable interest in the life of the insured when the insured has purchased the insurance.