A person can insure anything, even if he or she does not have an insurable interest in it.
Correct Answer:
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Q11: By insuring property, its owners protect themselves.
Q12: Insurance is an arrangement for transferring and
Q13: Because an insurance contract is governed by
Q14: Courts interpret insurance policies as containing any
Q15: An insurable interest in property need not
Q17: If a statute requires that any limitations
Q18: Life insurance requires that an insurable interest
Q19: Insurance policies differ in relation to the
Q20: Courts interpret the words used in an
Q21: An insurer can cancel, or refuse to
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