In general, there is no requirement that an insurable interest exist at the time that a property insurance contract is created.

Name: In general, there is no requirement that an insurable interest exist at the time that a property insurance contract is created.
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It is not necessary for an insurable interest to exist at the time a property insurance contract is created, but it must exist at the time of loss.

In General, There Is No Requirement That an Insurable Interest