On the Effect of Insurance Interests on People——An Analysis of the Cancellation of Article 12 in Insurance Law

The principle of insurance interests aims at preventing the unjust enrichment on the insurance.Insurance interests are only regards as the requirement for the insurer in our Law of Insurance which makes the very principle difficult to fulfill its own role.In view of the aim and tenet of insurance interests,it should be confined as the requirement for the insured in that the definition of the insured has already included the requirement for having interests of insurance.So it is unnecessary to stipulate another principle of insurance interests outside the assured and the 12th provision on principle of insurance interests in Insurance Law should be cancelled