IndiaInsurance
19th October 2010, 07:54 AM
A person has an insurable interest in something when loss or damage to it will cause that person to suffer a financial loss or some other kind of losses.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/The-concept-of-insurable-interest/articleshow/6771909.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/The-concept-of-insurable-interest/articleshow/6771909.cms)