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 Investment Strategy Committee:
- Examples A committee within a brokerage firm that conducts research and makes recommendations on the firm's stated investment strategy insurable interest definition.
- Definition Inflation Hedge:
- Examples Investments designed to hedge against inflation and the loss of purchasing power associated with it insurable interest explain.
- Definition Indexed Bond:
- Examples Bond whose payments are linked to an index, e.g., the consumer price index insurable interest what is.
- Definition Internal Revenue Service (IRS):
- Examples The federal agency responsible for the collection of federal taxes, including personal and corporate income taxes, Social Security taxes, and excise and gift taxes insurable interest meaning.
- Definition Incentive Fee:
- Examples Compensation paid to commodities trading advisers or to any practitioner who achieves above-average returns. Sometimes called performance fee insurable interest abbreviation.
