The personal feature of property insurance contracts means that:
A) subrogation always applies
B) ambiguities in the wording will always be construed against the insurer
C) insurance contracts cannot be freely transferred to other parties
D) the buyer of insurance must have insurable interest in property before the policy is issued

Question

Quizplus · Accepted Answer

Insurance contracts are personal agreements between the insurer and the insured, and they cannot be transferred to another party without the insurer's consent.

The Personal Feature of Property Insurance Contracts Means That