31. Skilled workers who become invalid after five years of insurable employment were also made entitled to benefits under this scheme. 32. The " factual expectancy test " and " legal interest test " are the two major concepts of insurable interest. 33. A company may have an insurable interest in a President / CEO or other employee with special knowledge and skills. 34. A creditor has an insurable interest in the life of a debtor, up to the amount of the loan. 35. The originals, whose insurable value is some $ 2.6 million, have apparently never been heard of since. 36. With no insurable interest requirement, the risk that a purchaser would murder the CQV for insurance proceeds would be great. 37. A person who is financially dependent on a second person has an insurable interest in the life of that second person. 38. FIRMs are used to set rates of insurance against risk of flood and whether buildings are insurable at all against flood. 39. In Texas, only those with an " insurable interest " can take out a life insurance policy on someone. 40. The Cost Approach to value is most useful in determining insurable value, and cost to construct a new structure or building.
