O.C.G.A. § 33-29-14 (2019)
Application for, and ownership of, policies by persons other than insured
This chapter shall not be construed as preventing a person other than the insured with a proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such policy to any indemnities, benefits, and rights provided in the policy.
History
Code 1933, § 56-3012, enacted by Ga. L. 1960, p. 289, § 1.
Annotations
RESEARCH REFERENCES C.J.S. - 44 C.J.S., Insurance, § 358 et seq. ALR. - Election of option under insur-
ance policy where person otherwise entitled is dead, incompetent, or an infant, 127 A.L.R. 454; 136 A.L.R. 1045.