Which of the Following Is True in Relation to Insurable

Multiple Choice

Which of the following is true in relation to insurable interest?

A) Shareholders do not have a sufficient interest in the assets of a corporation to take out insurance on them and receive compensation if they are damaged or destroyed.
B) If Chuck takes out insurance on his ex-wife's home and it burns down,he will be able to collect from the insurance company.
C) If Joe has an insurable interest in property,he will likely enjoy an insurance windfall in the event of a loss of that property.
D) If Sam arranges a comprehensive,all-risk insurance policy,this will guarantee that he holds an insurable interest in the insured property.
E) If Mr.Cole takes out the proper insurance on his home and it burns down,he will be able to collect from the insurance company.