In order to insure property, a person must:
A) be the owner of the property.
B) be the trustee of the property.
C) be in possession of the property.
D) be someone who would suffer financial loss in the event of damage to or destruction of the property.
Correct Answer:
Verified
Q7: Whether a trust has an income tax
Q8: If the insured's circumstances change during the
Q9: Which of the following is not a
Q10: When Zack Simmons insured 'Xanadu' bowling alley
Q11: If an insured has fully insured the
Q13: The insurer will be deemed to have
Q14: What is a 'pure endowment' policy?
A)A life
Q15: Which of the following need not occur
Q16: Which of the following statements about insurance
Q17: Which of the following terms are not
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