Multiple Choice
To contract for a policy of insurance, one must have a(n) , or an interest in the nonoccurrence of the risk insured against.
A) policy
B) beneficiary
C) insurable interest
D) rider
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Which of the following best defines concealment?<br>A)It
Q6: Which of the following best defines subrogation?
Q7: A minor may disaffirm an insurance contract,
Q8: Give some examples of an insurable interest
Q9: Which of the following best defines insurance?
Q11: An insurer is a party who purchases
Q12: A willful failure to disclose pertinent information
Q13: Untrue statements or unfulfilled promises by the
Q14: A stock insurance company is a corporation
Q15: A tenant has an insurable interest in