There are over twenty different dialects of Telugu spoken in different parts of India. Telugu, like Bengali, has its own alphabet, and Telugu words tend to end in vowels. 3. Marathi. Marathi is the 19th most spoken language in the world, and the fourth most common native language in India.
DEFINITION of 'Insurable Interest'. An economic stake in an event for which an insurance policy is purchased to mitigate risk of loss. An insurable interest is a basic requirement for an insurance company to issue a policy. Entities not subject to financial loss from an event do not have an insurable interest and cannot purchase an insurance policy to cover that event. Insurable interest is what makes an insurance contract legal and valid, and protects against intentionally harmful acts.
The Office of General Counsel issued the following opinion on June 3, 2003, representing the position of the New York State Insurance Department. Re: Insurable Interest- N.Y. Ins. Law Â§ 3205 Question Presented: An individual wishes to provide a special service wherein she would obtain life insurance for clients and pay for all premiums.