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Terms Used In Illinois Compiled Statutes 215 ILCS 5/357.24

  • insured: as used in this article , 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 a policy to any indemnities, benefits and rights provided therein. See Illinois Compiled Statutes 215 ILCS 5/357.28
     “ILLEGAL OCCUPATION: The company shall not be liable for any loss to which a contributing cause was the insured‘s commission of or attempt to commit a felony or to which a contributing cause was the insured’s being engaged in an illegal occupation.”