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Every person has an insurable interest in the life and health of:
1. Himself, of his spouse and of his children;
2. Any person on whom he depends wholly or in party for education or support, or in whom
he has pecuniary interest;
3. Any person under a legal obligation to him for the payment of money, or respecting property or services, of which death or illness might delay or prevent the performance; and
4. Any person upon whose life any estate or interest vested in him depends.
1. Himself, of his spouse and of his children;
2. Any person on whom he depends wholly or in party for education or support, or in whom
he has pecuniary interest;
3. Any person under a legal obligation to him for the payment of money, or respecting property or services, of which death or illness might delay or prevent the performance; and
4. Any person upon whose life any estate or interest vested in him depends.
