Measure of insurable interest in property.

  1. Law
  2. South Dakota Codified Laws
  3. Insurance
  4. Insurable Interest
  5. Measure of insurable interest in property.

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58-10-9. Measure of insurable interest in property.

The measure of an insurable interest in property is the extent to which the insured might be directly damnified by loss, injury, or impairment thereof.

Source: SL 1966, ch 111, ch 22, §6 (3).


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