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    Risk Management and Insurance
  4. Exam
    Exam 6: Insurance As a Risk Management Technique: Principles
  5. Question
    In Life Insurance There Must Be Insurable Interest at the Time
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In Life Insurance There Must Be Insurable Interest at the Time

Question 6

Question 6

True/False

In life insurance there must be insurable interest at the time of loss, while in property and liability insurance, insurable interest must exist at the inception of the contract.

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