An insurable interest must exist when the insurance takes effect and when the loss occurs but need not exist in the meantime.
When insurable interest must exist
N.D.C.C. § 26.1-29-06 — under Insurance Contracts.
N.D.C.C. § 26.1-29-06
N.D.C.C. § 26.1-29-06 — under Insurance Contracts.
N.D.C.C. § 26.1-29-06
An insurable interest must exist when the insurance takes effect and when the loss occurs but need not exist in the meantime.