Archive for Quotes

I only married you for your insurable interest

Insurable interest is created in one of three ways – by blood, marriage, or by a business relationship. It exists when an insured person derives a financial or other kind of benefit from the continuous existence of the insured object. You would have unlimited insurable interest in yourself. It must exist when the policy is [...]

No Risk? Where’s the fun in that?

We are all at risk of loss, but how we choose to deal with the risk may differ. What happens if I die tomorrow? What if my income stopped today? What would happen to my lifestyle, family and financial future? The concept of Insurance is based on the idea of spreading the risk of loss [...]

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