Insurable Interest - Divorce Encyclopedia

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Term Definition Insurable Interest - the requisite connection between the one person and another person whose life is insured, as in the case of a financially dependent spouse or former spouse and children in the life of a former spouse.

Application in Divorce It is illegal to wager on the lives on strangers by securing support.

In divorce actions, however, adequate insurance benefits.

Any insurable agreement of the former spouses.