Solved

An Individual Has an Insurable Interest in Property Whenever That

Question 12

Multiple Choice

An individual has an insurable interest in property whenever that person derives a(n) ________


A) above fair market value quote for the property.
B) ownership interest separate from a lending agency.
C) a clear title to the property.
D) fair market selling price.
E) financial benefit from its continued use.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions