Financial Versus Insurable Interest: Essential Distinctions for Risk Management

Imagine you are drafting a credit risk assessment for a corporate client in India seeking a secured loan. You notice the company intends to insure a piece of heavy machinery for an amount significantly exceeding its book...

Material Disclosure and the Reality of Insurance Claim Investigations

Imagine you are conducting due diligence on a high-net-worth client’s portfolio. During a routine review of their life insurance coverage, the client mentions they omitted a mild, pre-existing respiratory condition when...

Proving Insurable Interest Beyond Blood Relations in Financial Planning

During a portfolio review session in your Mumbai office, you encounter a client who wishes to purchase a high-value key-man insurance policy on a business partner who is neither a relative nor a spouse. As an investment...