11. Consent of vxe rthe state an " insurable interest " in the lives of state retirees. 12. Nor is insurable interest recognized for cohabiting couples. 13. The courts have found that " intent " is irrelevant, when insurable interest exists at policy issuance. 14. Insurance companies frequently require the beneficiary to have " an insurable interest " in the person being insured. 15. Under the new law, a company has an insurable interest as long as employees give their written permission. 16. People have an insurable interest in their property up to the value of the property, but no more. 17. A STOLI arrangement effectively circumvents the insurable interest requirement, thereby making STOLI arrangements illegal, as of July 1, 2010. 18. A creditor has an insurable interest in the life of a debtor, up to the amount of the loan. 19. In Texas, only those with an " insurable interest " can take out a life insurance policy on someone. 20. The " factual expectancy test " and " legal interest test " are the two major concepts of insurable interest .
