atima
ATIMA ([schwa]-tee-m[schwa]).abbr. As their interests may appear. • The phrase is sometimes used in insurance policies to show that the named insured has an interest, usu. an unspecified one, in the property covered by the policy and is entitled to benefits to the extent of that interest. The phrase is also used in a policy’s mortgage clause to protect the mortgagee’s real-property interest. See INSURABLE INTEREST; MORTGAGE CLAUSE. [Cases: Insurance 3450. C.J.S. Insurance §§ 1404, 1520.]
