Which of the following is an example of a statute restricting liability and therefore insurable interest?

The correct answer is the Hotel Proprietors' Act 1956, as it provides a statute that limits the liability of hotel owners for losses incurred by their guests under specific circumstances. This act establishes that hotels can be liable for loss or damage to guests' belongings only up to a certain limit unless specific conditions or negligence can be proven. This limitation on liability directly relates to the concept of insurable interest because it affects how hotel proprietors can insure their potential liabilities.

In this context, insurable interest refers to the legal stake one has in the outcome of an insured risk, whereby the insured must stand to suffer a financial loss from the risk. The Hotel Proprietors' Act. by outlining the extent of liability, ultimately influences how much and under what terms hotel proprietors can seek insurance coverage.

Other options do not focus on limiting liability in a manner that directly expresses insurable interest. For instance, the Settled Land Act 1925 pertains to the management of settled land interests and does not specifically address liability issues. The Marine Insurance Act 1906 deals primarily with the principles of marine insurance contracts, including definitions and responsibilities, rather than liability limits. Finally, the Life Assurance Act 1774 is focused on the concept of insurable interest in