In insurance, a person exhibits an insurable interest in a potential loss if that person will suffer a genuine economic loss if the event insured against occurs. Without the presence of insurable interest, an insurance contract is not formed for a lawful purpose and, thus, is not a valid contract. |
Immediate Annuity
Income Date
Income Protection Insurance
Incontestability Provision
Increasing Term Life Insurance
Incurred But Not Reported Losses (IBNR)
Incurred Losses
Indemnify
Independent Agent
Indeterminate Premium Life Insurance Policy
Indexed Life Insurance Contract
Individual Retirement Account (IRA)
Inflation Guard Clause
Inland Marine Insurance
Insolvency
Insurable Interest
Insurable Risk
Insurance Pool
Insurance Regulatory Information System (IRIS)
Insurance Score
Insurance-to-value
Insurance
Integrated Benefits
Interest-adjusted Cost Comparison Index
Interest-sensitive Insurance
Intermediation
Internet Insurer
Internet Liability Insurance
Investment Annuity
Investment Income
Irrevocable Beneficiary.
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