SAMPLE Life, Accident & Health Online Practice Exam Simulator

Question: The purchaser of an insurance policy must be in a position to lose something of value if the contingency insured against should happen. This is known as:   Insurable interest must exist at the time of application and policy issue, not at the time of claim. Answer Choices: Select the Correct Answer Adhesion. Executory. Insurable interest. Personal aspect.

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