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Principle of Insurable Interest

Posted on October 20, 2022 by Shailesh Kumar
Principle of Insurable Interest

The principle of insurable interest is one of the essential elements of insurance. It can be defined as the substantial emotional, financial, or pecuniary interest in the subject matter of the insurance contract. It means the party stands to gain… Continue Reading →

Uncategorized claim rejection, fire insurance, insurable interest, insurance, life insurance, marine insurance

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