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Glossary term

Insurable Interest

A legally recognized financial interest in the continued life of the insured.

Why this matters

Terms like insurable interest are easier to remember when you connect them to product choice, underwriting, claims, and suitability decisions. Use this page as a plain-language anchor before jumping back into practice or articles.

For exam prep

LLQP and advisor-style questions often test not just the definition of a term, but what changes when that term appears inside a scenario.

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