All the following features are unique to insurance contracts (versus other business contracts) except:
A) insurable interest
B) subrogation
C) utmost good faith
D) consideration

Question

Quizplus · Accepted Answer

Consideration is not unique to insurance contracts and is a fundamental element of all contracts. Insurable interest, subrogation, and utmost good faith are unique features of insurance contracts.

All the Following Features Are Unique to Insurance Contracts (Versus