An insurance contract is not valid unless the owner has an insurable interest in the subject matter of the policy. Describe the rules on insurable interest.

Name: An insurance contract is not valid unless the owner has an insurable interest in the subject matter of the policy. Describe the rules on insurable interest.
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The Answer of An insurance contract is not valid unless the owner has an insurable interest in the subject matter of the policy. Describe the rules on insurable interest.

An Insurance Contract Is Not Valid Unless the Owner Has