Insurance Code § 1883
ARTICLE 1. Insurable Interests Peculiar to Marine Insurance
The owner of a ship has an insurable interest in expected freightage which he would have certainly earned but for the intervention of a peril insured against.
ARTICLE 1. Insurable Interests Peculiar to Marine Insurance
The owner of a ship has an insurable interest in expected freightage which he would have certainly earned but for the intervention of a peril insured against.