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Be on the safe side

By: Contributor(s): Series: Estates Gazette ; (0122) 2 June 2001, 148-149(2)Publication details: 2001Subject(s): Summary: Considers insurable interests in the context of commercial property and how the independent parties involved can best protect their own. Examines the different means by which insurable interests are recorded and the settlement of claims. Also compares how lenders' requirements compare with insurance practice and concluding that the protection of mortgages interests is both costly and time consuming for property owners and needs revision.

Considers insurable interests in the context of commercial property and how the independent parties involved can best protect their own. Examines the different means by which insurable interests are recorded and the settlement of claims. Also compares how lenders' requirements compare with insurance practice and concluding that the protection of mortgages interests is both costly and time consuming for property owners and needs revision.