Without an insurable interest,there is no enforceable insurance contract.
Correct Answer:
Verified
Q2: The insured can cancel a policy at
Q6: A business organization cannot obtain insurance on
Q13: To probate a will means to release
Q17: Misstatements or misrepresentations in an application for
Q19: Risk management is the transfer of certain
Q25: Property insurance cannot be canceled for nonpayment
Q30: The words used in an insurance contract
Q32: An incorrect statement as to the age
Q34: An absolute defense against payment exists if
Q40: An insurance company may cancel an insured's
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents