The Concept of an Insurable Interest

Multiple Choice

The concept of an insurable interest

A) is aimed at avoiding moral hazards.
B) prevents an insurance company from selling a policy to anyone other than the owner of a piece of property.
C) creates an important general exception to the general rule of indemnification.
D) is relevant only in cases of co-insurance.
E) was abolished by the Supreme Court of Canada's decision in Kosmopoulos v Constitution Insurance Co.