In life insurance, you have an "insurable interest" in another person when the death of that person would cause you a financial loss or other hardship. Insurable interest can be present in many ...

Stranger-owned life insurance involves buying a policy on someone you don't know and is generally illegal. Learn why this ...

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An insurance concept that often gets misunderstood, despite underpinning every insurance policy, is insurable interest. While it might sound technical, Willem Coetzee, CEO of Zenith, says the ...

Life insurance isn’t just for protecting your own financial future; you can also purchase policies for others, provided you have insurable interest and their consent. Insurable interest is a key ...