What is the meaning of Insurable interest?

Insurable interest is an insurance term referring to the relationship between a policy's insured person or property and the potential beneficiary. The beneficiary must have an insurable interest in the insured person or property to receive payment of the policy if the insured died while the policy was in force.

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APABarry Goldsmith. (2010). insurable interest. Retrieved September 24, 2026, from http://smartdefine.org/insurable_interest/definitions/1156166
ChicagoBarry Goldsmith. 2010. "insurable interest" http://smartdefine.org/insurable_interest/definitions/1156166 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, insurable interest, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/insurable_interest/definitions/1156166>.
MLABarry Goldsmith. "insurable interest" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/insurable_interest/definitions/1156166>
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