| 单词 | policy proof of interest |
| 释义 | policy proof of interest = PPI An insurance policy (usually marine insurance) in which the insurers agree that they will not insist on the usual requirement that the insured must prove an insurable interest existed in the subject matter before a claim is paid. The possession of the policy is all that is required. These policies are a matter of trust between insurer and insured as they are not legally enforceable. |
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