On Principles of Insurance Interests

The regulation for insurance interests conformed to the need of insurance practices with the implementation of the Insurance Law on October 1,2009.There are two main improvements in the law.First,the insurant was included as a prescribed object.Second,the existing time of insurance interests was set up differently according to the coverage of the insurance.However,insurance interests prescribed in the law are not operational.Problems about loss of insurance interests and how to choose consent principle should be solved in further legislation.