Insurable Interest in the Lives of Minor Children in Uganda
Insurable interest is an essential requirement that distinguishes legitimate life assurance policies from wagers. This paper analyses the statutory insurable interest of parents and guardians of minors, in the lives of those children under Section 133(2)(a) of the Insurance Act of Uganda. This provision implies that parents and guardians of minor children in Uganda are conferred with a statutory insurable interest in the lives of their minor children. Therefore, they...