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 the policy to any indemnities, benefits, and rights provided in the policy.
R.I. Gen. Laws § 27-18-7
Third-party ownership
P.L. 1956, ch. 3808, § 3; G.L. 1956, § 27-18-7.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.