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Insurable interest
/ɪnʃˈʊəɹəbəl ˈɪntɹəst/
/ɪnʃˈʊɹəbəl ˈɪntɹəst/Insurable interest
01
an interest in a person or thing that will support the issuance of an insurance policy; an interest in the survival of the insured or in the preservation of the thing that is insured
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