An insurance concept that often gets misunderstood, despite underpinning every insurance policy, is insurable interest. While it might sound technical, Willem Coetzee, CEO of Zenith, says the ...

When you purchase a fire insurance policy, you are essentially buying financial protection against losses caused by fire or related perils. But not everyone can insure every property. To make a fire ...

The plaintiff, a business that operated as a hotel, purchased insurance from the defendant intending to cover loss or damage to both its hotel and an adjoining restaurant property. The restaurant ...