Demetrius was turned down when he attempted to buy a life insurance policy on his former Introduction to Business instructor.The most likely reason the insurance company turned down his attempt to insure the life of his former instructor was that:

Question

Quizplus · Accepted Answer

In order to purchase a life insurance policy on someone else, the purchaser must have an insurable interest in that person's life. This typically means that the purchaser would be financially impacted by the person's death. In this case, it is unlikely that Demetrius had an insurable interest in his former instructor's life, which is why the insurance company turned down his attempt to buy a policy.

Demetrius Was Turned Down When He Attempted to Buy a Life