Русско-англо-русский юридический словарь

Insurable interest exists when an insured person derives a financial or other kind of benefit from the continuous existence of the insured object (or in the context of living persons, their continued survival). A person has an insurable interest in something when loss-of or damage-to that thing would cause the person to suffer a financial loss or other kind of loss. (Wikipedia)

Subject-matter of insurance

The thing or liability that is described in the policy as being covered. (Glossary of terms, Champion Insurance Brokers Limited)

The English law, which in this respect, has been adopted by us, frequently requires things to be done within a reasonable time [...] A bill of exchange, for example, must be presented within a reasonable time Chitty, Bills, 197-202. An abandonment must be made within a reasonable time after advice received of the loss. (A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier.)

Many people believe that living with a partner for several years entitles them to the same rights as marriage. But as Clare Dyer reports, there is no such thing as a 'common-law wife'. (The Guardian)