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Tag Archives: insurable interest

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Florida Life Insurance Policies: Insurable Interests Under Florida Law

This week, we are talking about the concept of insurable interests in life insurance.  On Monday, I explained what an insurable interest is.  Today, we are going to talk about Florida’s insurable interest law. This applies to life insurance policies that were issued in the State of Florida, and regulates who may take out a […]

Life Insurance: What is an Insurable Interest?

When someone buys a life insurance policy, they must have some significant interest in the life they want to have insured by the policy.  Obviously, they can buy their own policy.  However, a spouse, a parent, or a business party also have legitimate legal interest to buy a life insurance policy on someone else.  This […]

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