Under common law, what is Helen's position regarding insurable interest in her life?

In common law, an individual typically has an unlimited insurable interest in their own life. This is rooted in the principle that a person is always entitled to insure their own life to the extent of the potential financial loss they may suffer from their death. Given that an individual's life is of paramount importance to them and to their dependents, the law recognizes that they stand to lose greatly, both emotionally and financially, in the event of death.

An unlimited insurable interest means that Helen has the full right to take out a life insurance policy on her life without restrictions. This right stems from the understanding that she is the person who would be most affected by her death, making her insurable interest in her own life both valid and comprehensive under common law.

Having considered this, the other options do not accurately reflect the nature of insurable interest regarding one's own life under common law. A limited insurable interest would imply restrictions that do not apply to one's own life, while having no insurable interest at all would completely negate any right to insure one's life. A conditional insurable interest suggests various stipulations or dependent outcomes, which also does not align with the concept of insuring one's own life without restrictions.