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Home Q & A Board Other Fields Homework Help Business Insurance
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AzJose AzJose
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7 years ago
When must an insurable interest legally exist in property insurance for an insured to receive payment for a loss from the insurer?
A) only at the time of the loss
B) only at the inception of the policy
C) only at the time the loss settlement process takes place
D) both at the time of the loss and at the inception of the policy
Textbook 
Principles of Risk Management and Insurance

Principles of Risk Management and Insurance


Edition: 12th
Authors:
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ownzore3ownzore3
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7 years ago
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AzJose Author
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#2
6 years ago
Correct and thanks!
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