Ala. Code § 27-19-29

Current with legislation from 2024 effective through May 17, 2024.

Section 27-19-29 - Ownership in person other than insured

The word "insured," as used in this article, 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.

Ala. Code § 27-19-29 (1975)

Acts 1953, No. 193, p. 247, §3; Acts 1957, No. 597, p. 834; Acts 1971, No. 407, p. 707, §449.