The word “insured”, as used in this chapter, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under the policy to any indemnities, benefits, and rights provided in the policy.
Third-party ownership
R.I. Gen. Laws § 27-18-7., under Chapter 27-18 Accident and Sickness Insurance Policies.
R.I. Gen. Laws § 27-18-7.