Lane Bryson purchased a property insurance policy and named himself as the beneficiary. Lane had no ownership interest in the house at the time he purchased the policy. The house was in fact owned by his aunt, Laura Grant. He procured the insurance, however, because he hoped to inherit the house at some future date and thus wanted to protect that potential interest. A month after Lane purchased the policy, Aunt Laura's house was destroyed by fire, a covered peril. Is Lane entitled to collect under the insurance policy? Explain your reasoning