The lender of money on bottomry or respondentia has an insurable interest in respect of the loan.

船舶抵押借款或船抵押借款的款人，就其款具有可保益。

It's interesting to note that insurance has existed in some form for a very long time. The earliest insurance policies were what we called bottomry contracts.

這是有趣的，已經(jīng)存在了很長的時間以某種形式的保險。最早的保險政策，也就是我們俗稱的抵押借款合同的。

The earliest insurance policies were what we called bottomry contracts.

最早的保險政策是我們所說的抵押借款合同。