The existence of potential financial loss on the part of the policy owner and/ or beneficiary in the event of the death of the insured. The policy owner and any beneficiaries must have an insurable interest when applying for a life policy.
The existence of potential financial loss on the part of the policy owner and/ or beneficiary in the event of the death of the insured. The policy owner and any beneficiaries must have an insurable interest when applying for a life policy.
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