Third party ownership.

RCW 48.20.292, under Disability insurance..

RCW 48.20.292

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 such a policy to any indemnities, benefits and rights provided therein.

[ 1951 c 229 s 30.]

Notes:

Insurable interest defined, personal insurance, nonprofit organizations: RCW 48.18.030.