a) How does life insurance work?
b) Why does the law require that the person taking out a life insurance policy have an insurable interest in the life of the insured?
c) Chem was Michael, the insured's, mother. Why doesn't she have an insurable interest?
d) But she was Michael's mother! The policies named her as principal beneficiary! Aren't those reasons enough to honor her claim?
e) Why, then, was Wu able to purchase them? These insurers didn't care about contract legality when they were taking payment for the policies' premiums.
f) Could the court nevertheless award Chem some amount of damages to compensate for her loss?