There is a newer version of the Rhode Island General Laws
2009 Rhode Island Code
Title 27 - Insurance
CHAPTER 27-18 - Accident and Sickness Insurance Policies
§ 27-18-7 - Third party ownership.
SECTION 27-18-7
§ 27-18-7 Third party ownership. – The word "insured", as used in this chapter, 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 the policy to any indemnities, benefits, and rights provided in the policy.
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