Insurable interest must be present in an ________ insurance contract at the time of contract and at the time of loss.

Related MCQs

• In Marine Insurance, insurable interest is enough at the time of _______
• In case of life insurance, insurable insurance should not exist?
• Insurable interest means ________ interest
• Insurable Interest is defined by:
• A person’s insurable interest in his own life is:
• Under ________ insurance, loss of profit policy is called as consequential loss policy
• Which of the statements are true? A. Loss prevention and loss reduction mean different things. B. Risk maybe transferred by contract.
• Which of the following types of risks best meets the requirements for being insurable by private insurers?
• Fire insurance contract is a contract of
• ________ means to make good the actual loss and nothing more than the actual loss.