[Solved] Advise Miss Anita, on the Point or Time, when Insurable Interest has to be Present, in Case of Property-Insurance.

Q.	Advise Miss Anita, on the Point or Time, when Insurable Interest has to be Present, in Case of Property-Insurance.
A.	Only at the Time of Taking the Policy.
B.	Only at the Time of Making a Claim.
C.	At the Time of Taking a Policy, and at the Time of Making a Claim.
D.	In Case of Property Insurance, No Insurable Interest is Required.
Answer» C. At the Time of Taking a Policy, and at the Time of Making a Claim.

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Insurance Exam (LIFE)

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