True/False
A person who obtains life insurance generally can only name a beneficiary that has an insurable interest in the life of the insured.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q38: A person has an insurable interest in
Q39: Paul purchased a house and also purchased
Q40: If the insured lives to the end
Q41: If an insurer denies liability for a
Q42: An insurer may cancel any contract of
Q44: To collect on property insurance, an insurable
Q45: The promises of the insurer are found
Q46: If an automobile collision results in a
Q47: It is common for institutions financing automobile
Q48: The fact that a partnership is terminated