Ruth Langsford has thrown herself into work as the Loose Women presenter attempts to keep her mind off her marriage split from estranged husband Eamonn Holmes.
The ITV presenter, 64, and GB News broadcaster, also 64, ended their decades-long relationship and publicly announced their separation in May.
Since then it’s been reported Eamonn had grown close to a younger female friend over the past year and the pair have been spotted on several outings together.
In pictures obtained by The Sun, Katie Alexander, 42, was seen driving TV star Eamonn around in his black Range Rover earlier this week.
Ruth put on a brave face on Wednesday (July 3) as she returned to work at QVC UK, where she is a brand ambassador.
Taking to Instagram, the presenter shared a boomerang of herself posing up a storm in the lift of the building.
The mum of one looked stylish in an oversized denim shirt and jeans while she accessorised her look with a brown leather bag and open-toe brown heeled sandals.
The ITV favourite donned a big smile with a white cup in her hand as she declared: “Back at the Q!.” She added a sticker with the word “meetings”.
Ruth has taken a break from her presenting gig on Loose Women but is expected to return to the panel later this month.
Elsewhere, Eamonn sparked concern after he was taken off air after falling ill mid-show leaving viewers worried on Tuesday (July 2).
The veteran broadcaster has been plagued with some health issues over the years and has spoken candidly about his struggles with chronic pain.
A GB News spokesperson said: “Eamonn had to finish a little earlier today as he was feeling unwell. He hopes to be back tomorrow.”
Eamonn – who is struggling with chronic pain – had a double hip replacement in 2016, followed by surgery last year, which left him using a wheelchair.
He was seen arriving at an awards bash using a walking aid last week.
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Source: Tampa Bay Times
Insurable Interest: A Key Concept in Insurance
Insurable interest is a fundamental principle of insurance contracts that ensures the legitimacy and fairness of insurance transactions. It refers to the legal right or financial interest a person or entity must have in the subject matter of the insurance contract. The concept ensures that the policyholder has a stake in the preservation or protection of the insured property or life. Without insurable interest, an insurance policy would not be valid or enforceable.
Key Aspects of Insurable Interest
- Definition and Requirements
Definition: Insurable interest is a financial or other interest that one party has in the life, property, or liability that is the subject of insurance.
Requirements: It must be present at the time the insurance policy is issued. The policyholder should have a reasonable expectation of financial loss if the insured event occurs.
Examples of Insurable Interest
Life Insurance: A spouse has an insurable interest in the life of their partner because their financial security is tied to that person’s life.
Property Insurance: A homeowner has an insurable interest in their home and its contents because they own them.
Business Insurance: A company has an insurable interest in the health of its key employees, as their loss would affect business operations.
Purpose and Importance
Protection Against Moral Hazard: Ensures that the policyholder has a genuine interest in the preservation of the property or life, thus reducing the likelihood of fraudulent claims.
Legitimacy of Insurance Contracts: Guarantees that insurance contracts are not merely speculative bets on the occurrence of an event.
Types of Insurable Interest
- Personal Insurable Interest: Direct and personal, such as a spouse having an interest in the life of the other spouse.
Financial Insurable Interest: A business owner has an interest in their inventory or machinery as loss would impact the business financially.
Property Insurable Interest: An individual has an interest in their home or car.
Legal Implications
Life Insurance: Some jurisdictions require insurable interest only at the inception of the policy, while others require ongoing insurable interest throughout the policy term.
Property Insurance: Insurance contracts may require insurable interest to be maintained throughout the duration of the policy. Failure to comply could result in the invalidation of claims.
Application in Insurance Policies
Underwriting Process: Insurable interest is a key consideration during the underwriting process to assess risk and establish premiums.
Claims Process: Insurable interest ensures that claims are legitimate, reducing fraudulent claims and ensuring that policyholders have a genuine financial stake.
Conclusion
Insurable interest is a foundational concept in insurance that ensures the integrity and validity of insurance contracts. It safeguards against moral hazard, establishes fairness in insurance transactions, and ensures that insurance policies provide genuine protection to policyholders. Understanding and applying insurable interest in insurance contracts is crucial for all parties involved, ensuring the protection and legitimacy of the insurance industry.
