WVC 33 - 15 - 8
§33-15-8. Third party ownership of policy covering insured.
The word "insured" as used in this article, 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 such a
policy to any indemnities, benefits and rights provided therein.