Okla. Stat. tit. 36, § 36-3605: Insurable interest with respect to property insurance

A. No insurance contract on property or of any interest therein

or arising therefrom shall be enforceable as to the insurance except

for the benefit of persons having an insurable interest in the

things insured.

B. "Insurable interest" as used in this section means any

actual, lawful, and substantial economic interest in the safety or

preservation of the subject of the insurance free from loss,

destruction, or pecuniary damage or impairment.

C. The measure of an insurable interest in property is the

extent to which the insured might be damnified by loss, injury, or

impairment thereof.