References in periodicals archive
?
aggressively courts apply the insurable interest doctrine, the higher
STOLI policies run afoul of New Jersey's insurable interest requirement, the ruling said, and "would elevate form over substance to conclude that feigned compliance with the insurable interest statute--as technically exists at the outset of a STOLI transaction--satisfies the law.
Court of Appeals that the person having insurable interest thereof merely has the burden of proving the condition of the property insured and the fact of loss or damage during the period of the policy.
There are different rules apply to different classes of insurance about existence of insurable interest.
USAA contended that Tracy did not have an insurable interest in the plants.
While donating a piece or all of one's insurable interest may not appeal to every parent, some will see it as a way to do more for their kids than they dreamed possible.
The insured's owned the property when the damage occurred, so they had insurable interest at the time, and they gave prompt notice as is required by the policy.
15, 2016), the Michigan Court of Appeals was asked to determine who was entitled to recover under a policy and what is an insurable interest.
A typical life insurance policy should explain the need for an insurable interest by the policyowner in the life of the insured.
My boyfriend and I are in the process of buying our first house, and wanted to take out life assurance on each other's lives in case either of us were to die, but were told that "insurable interest" might be a problem.
To maintain insurance, the benefactor must have and maintain an "insurable interest" in the life of the person being insured.
STOLI became so popular that many producers and insurers confused it with legitimate life settlements, which are transacted on properly originated policies with valid insurable interest at issue.
(1) Most policies originate with an insurable interest and--so long as premiums are paid with pre-tax dollars--no tax is owed on the death benefit.
"A letter stating the reason for the change in nomination will have to be submitted to ensure that the new nominee has insurable interest in the life covered," says Yashish Dahiya, CEO, Policybazr.com.
They offer discussions of a broad range of topics in the field, including contract formation, the insurable interest requirement, scope of obligations, the mechanics of claim presentation, excuses for the insurer's nonperformance, automobile insurance, and reinsurance.
Thesaurus browser
?
- ▲
- insufficiently
- insufflate
- insufflation
- insulant
- insular
- insularism
- insularity
- insulate
- insulating material
- insulating tape
- insulation
- insulator
- insulin
- insulin reaction
- insulin shock
- insulin shock therapy
- insulin shock treatment
- insulin-dependent diabetes mellitus
- insult
- insulting
- insultingly
- insuperable
- insupportable
- insurability
- insurable
- insurable interest
- insurance
- insurance agent
- insurance broker
- insurance claim
- insurance company
- insurance coverage
- insurance firm
- insurance policy
- insurance premium
- insurance underwriter
- insure
- insured
- insured person
- insurer
- insurgence
- insurgency
- insurgent
- insurmountable
- insurrection
- insurrectional
- insurrectionary
- insurrectionism
- insurrectionist
- insusceptibility
- insusceptible
- ▼
Full browser
?
- ▲
- Insume
- Insuper
- insuperability
- insuperability
- insuperable
- insuperable
- insuperableness
- insuperableness
- insuperably
- insuperably
- insupportable
- insupportable
- insupportableness
- insupportableness
- insupportably
- insupportably
- Insupposable
- insuppressible
- insuppressibly
- Insuppressive
- insurabilities
- insurabilities
- insurability
- insurability
- insurability
- insurability
- insurable
- insurable
- insurable
- insurable
- insurable interest
- Insurable Interest Assignment
- insurable title
- insurance
- insurance
- insurance
- insurance
- insurance
- insurance
- Insurance Accounting & Statistical Association
- Insurance Accounting & Systems Association, Inc.
- Insurance Accounting Collection System
- Insurance adjuster
- Insurance Administration Model
- Insurance Advertising
- Insurance Advertising Compliance Association
- Insurance Advisor Training Centre
- Insurance Advisory Letter
- Insurance Advisory Service
- Insurance against fire
- insurance agent
- insurance agent
- Insurance agents
- Insurance agents
- Insurance Agents and Brokers Association of California
- Insurance Agents and Brokers of America
- Insurance Agents Registration Board
- Insurance and Actuarial Advisory Services
- Insurance and Consulting Capital
- Insurance and Financial Advisors Political Action Committee
- Insurance and Financial Practitioners Association of Singapore
- ▼