Page 11 - Bay Union - Prestige Policy Wording
P. 11

GENERAL
Insurable interest
You can only claim for items in which you have an insurable interest – i.e. items which, if lost or damaged, cause you to be worse off  nancially.
For example, you have an insurable interest in your own house, because if it is damaged, it results in a loss for you. However, damage to your neighbour’s house does not leave you  nancially worse off; so you have no insurable interest in it, and therefore cannot claim for it.
Bay Union - Prestige Policy Wording - 20 June 2012 8


































































































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