Guam § 18207 - Insurable Interest: Type of Existence.
Full text of Guam Guam Code Annotated § 18207 — Insurable Interest: Type of Existence., with citation guidance and answers to common questions.
§ 18207. Insurable Interest: Type of Existence.
An interest in property insured must exist when the
insurance takes effect and when the loss occurs but need not
exist in the meantime; an interest in the life or health of a person
insured must exist when the insurance takes effect but need not
exist thereafter or when the loss occurs.
Source: official Guam text · Last verified 2026-08-27
Frequently Asked Questions About Guam § 18207
What does Guam Code Annotated § 18207 cover?
Section 18207 ("Insurable Interest: Type of Existence.") is part of the Guam Code Annotated, the codified statutory law of Guam. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Guam § 18207?
A common citation format is "Guam Code Annotated § 18207" (Guam). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Guam law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Guam official source linked on this page or consult a licensed Guam attorney.
How does Guam § 18207 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Guam can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Guam.