Washington Code 48.20.292 – Third party ownership
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The word “insured,” as used in this chapter, shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein.
[ 1951 c 229 § 30.]
NOTES:
Insurable interest defined, personal insurance, nonprofit organizations: RCW 48.18.030.
Terms Used In Washington Code 48.20.292
- insured: as used in this chapter , shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits and rights provided therein. See Washington Code 48.20.292
- person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080