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.
In the case of life insurance insurable interest must be present at the time when the policy is taken. It may or may not be in existence at the time of the death of the person whose life is insured.