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    Business Law in Canada Study Set 1
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    Exam 5: Negligence, Professional Liability, and Insurance
  5. Question
    Insurable Interest Means That the Insured Must Have a Personal
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Insurable Interest Means That the Insured Must Have a Personal

Question 60

Question 60

True/False

Insurable interest means that the insured must have a personal stake or interest in whatever is being insured and can only claim on the insurance to the extent of the value of that interest.

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