On The Principle Of Insurable Interest

Concept in many insurance law, the insurance benefit is its fundamental principles, at the same time, in many countries as a fundamental principle of insurance law and the measure of having to eliminate gambling, prevent moral hazard, limit the amount of compensation and other important functions, and so on to guide the practice of great significance.Insurable interest principle is a prerequisite for entering into an insurance contract, also continue on the basis of its existence. In 2009, China’s old "Insurance Law" was amended, in which the interests of insurance made the latest revision, for in reality to effectively guide the insurance practice, and achieved very significant results, so that the development of the insurance market on the right path. But on the other hand, we find the new "Insurance Law" are still a few problems to the fore. This article points out the shortcomings and proposed amendments, innovative research proposed legislation virtual property insurance interests.This paper is divided into four parts:The first part of the insurance interests and concepts are briefly described. Concept of insurable interest, and describes the historical evolution of the insurance benefits, through a comparative analysis results should be more standardized insurable interest connotation and denotation. The second part is the extraterritorial expedition against common law and civil law in the insurance interests. Status of legislation related to the principles of insurance interests at home and abroad for system analysis and comparative research to identify countries need to reflect on the practice of legislation to pass through. The third part is for our country in the "Insurance Law" and the lack of improvement in the field of insurance benefits on to define insurable interest in property insurance and life insurance benefits to study three areas of interest. The fourth part is the insurance interests of our country in the application of analysis and summary, insurable interest principle put forward innovative recommendations for improvements at the legislative level. And made virtual property and other intangible property insurance benefits Theory innovative applications, so that is more conducive to the principle of insurable interest "Insurance Law" implementation and improvement.