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Insurable Interest is a key part of the underwriting process and is important for you to know for your life insurance exam prep!

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Insurable Interest The policyowner must face the possibility of losing money or something of value in the event of the death of the insured

Chapters
0:00 Beginning
0:14 Definition of Insurable Interest
0:28 Personal Insurable Interest
0:58 Corporate Insurable Interest // Key Employee
1:50 Insurable Interest When Owning A Policy On Someone Else
2:28 Where Insurable Interest Doesn't Exist
3:10 Beneficiary Does Not Have To Show Insurable Interest
3:20 Creditor Insurable Interest
4:30 Where It Can Get Confusing