Meaning INSURABLE INTEREST: An insurance term referring to the relationship between a policy's insured person or property and the potential beneficiary. The beneficiary must have an insurable interest in the insured person or property to receive payment of the policy if the insured died while the policy was in force
More terms such as Insurable interest in Dictionary I.
- Definition Instinet (Institutional Networks Corporation):
- Examples subscriber service that serves as a vehicle for the fourth market. Instinet is registered with the SEC As a stock exchange it numbers among its subscribers a large number of mutual funds and other insurable interest definition.
- Definition In The Box:
- Examples Means that a dealer has a wire receipt for securities, indicating that effective delivery on them has been made insurable interest explain.
- Definition Institutional Investors:
- Examples Organizations that invest, including insurance companies, depository institutions, pension funds, investment companies, mutual funds, and endowment funds insurable interest what is.
- Definition Interest Tax Shield:
- Examples The reduction in income taxes that results from the tax-deductibility of interest payments insurable interest meaning.
- Definition Income Beneficiary:
- Examples One who receives income from a trust insurable interest abbreviation.