{"schemaVersion":1,"recordType":"legal-article","id":"law:eri:code:civil:2015:article:2659","workId":"law:eri:code:civil:2015","expressionId":"law:eri:code:civil:2015:en","title":"Insurable Interest","number":"2659","language":"en","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2659/","hierarchy":{"book":"BOOK VI - SPECIAL CONTRACTS","title":"TITLE V- ALEATORY CONTRACTS","chapter":"Chapter 2. - Insurance","section":"Section 3. - Insurance against Damages","paragraph":"Paragraph 1. - Property Insurance"},"paragraphs":[{"id":"p1","number":"1","text":"Any person interested in the preservation of the property may insure it. Any direct or indirect interest in a risk may be insured.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2659/#p1","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":734,"url":"https://eriatlas.com/sources/civil-code-2015/page/734/?article=2659&paragraph=p1#article-2659-p1"}]},{"id":"p2","number":"2","text":"The insurable interest must exist at the time of the loss or damage but it need not exist throughout the duration of the contract of insurance.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2659/#p2","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":734,"url":"https://eriatlas.com/sources/civil-code-2015/page/734/?article=2659&paragraph=p2#article-2659-p2"}]},{"id":"p3","number":"3","text":"The insurance of property in which the insured has no insurable interest is of no effect.","canonicalUrl":"https://eriatlas.com/law/civil-code-2015/article/2659/#p3","sourceTargets":[{"sourceId":"civil-code-2015-en","pdfPage":734,"url":"https://eriatlas.com/sources/civil-code-2015/page/734/?article=2659&paragraph=p3#article-2659-p3"}]}],"caution":"This is the 2015 English-language edition attributed in its front matter to the Ministry of Justice. Eri Atlas has not independently verified the translation, later changes, or whether the text is currently in force. Nine passages are incomplete in the available scan and are identified where they occur."}