insurable interest वाक्य
उदाहरण वाक्य
मोबाइल
- A lender who grants a mortgage on the security of a house has an insurable interest in that house, but only up to the amount outstanding on the loan.
- Until then, Texas law prohibited employers from taking out individual corporate-owned life insurance policies because employers didn't have an " insurable interest " in the lives of their employees.
- A person is considered to have an unlimited interest in the life of their spouse, which the law considers broadly equivalent to having an insurable interest in their own life.
- Exactly what constitutes an insurable interest is subject to debate, although sharing a mortgage or a bank account might qualify, depending on the state of residence or the insurance company.
- If an insured is premium financing a policy, and his direct blood relatives are named as the beneficiaries when the policy is issued, then insurable interest is never an issue.
- He said the existing law on what constitutes insurable interest was " cloudy " and he wanted to establish way to create an insurable interest that would not be ambiguous.
- He said the existing law on what constitutes insurable interest was " cloudy " and he wanted to establish way to create an insurable interest that would not be ambiguous.
- A person is presumed to have an insurable interest in his or her own life, preferring to be alive and in good health rather than being sick, injured or dead.
- The agents should see to it that every player with a substantial future is covered not only for his present contract but for whatever his insurable interest is for the future.
- So in the case of a bank it could be said to have an insurable interest in the lives of its members who hold a deposit or have taken a loan.
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