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GA. FARM BUREAU &c. INS. CO. v. MIKELL

47235.

126 Ga. App. 640 (1972)

191 S.E.2d 557

GEORGIA FARM BUREAU MUTUAL INSURANCE COMPANY v. MIKELL.

Court of Appeals of Georgia.

Decided July 10, 1972.

Attorney(s) appearing for the Case

Robert S. Lanier, for appellant.

Allen, Edenfield, Brown & Franklin, James B. Franklin, for appellee.

DEEN, Judge.

1. One has an insurable interest in property where he has any actual, lawful and substantial economic interest in its preservation. Code Ann. § 56-2405 (2). A partner has such an interest in firm assets. Code §§ 75-206, 75-207. "It is the general rule that an insurable interest in the property of a partnership exists in both the partnership and the partners, and that a partner...

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