insurable interest
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Cardiff City claim says Miller Insurance failed to properly explain the concept of an "insurable interest" for football player transfers and the requirement of a "prompt" notification of the transfer in order to secure coverage.
From BBC • Jan. 19, 2023
Staebler: As a homeowner, you do not have an insurable interest in the contractor’s business so you cannot get insurance coverage for their business.
From Washington Post • Oct. 13, 2021
Two insurers including AXA ART, a unit of AXA, have an insurable interest in the art works within the cathedral, Honore said, adding five adjusters had been commissioned.
From Reuters • Apr. 17, 2019
The insurable interest doctrine cleanly cut through the confusion about the difference between speculation and insurance, banning the former while permitting the latter.
From Slate • Apr. 4, 2012
A partner who has advanced the capital of the business has an insurable interest in the life of his partner.
From Putnam's Handy Law Book for the Layman by Bolles, Albert Sidney
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
