PROPERTY PROVISIONS & CONTRACT LAW · 6:26
Contract Formation and Insurable Interest
A paid-up policy on property you no longer own pays nothing
This lesson pauses 2 times in the dashboard player and makes you apply the rule — sign up to study it interactively.
Read the study note: Contract Formation and Insurable InterestThe rules, numbers, and traps behind this lesson — freeSOURCE ANCHOR
Restatement (Second) of Contracts §367 · insurable interest and contract formation