A person can insure anything in which he or she has an insurable interest.

Name: A person can insure anything in which he or she has an insurable interest.
Brand: Quizplus
Rating: 4.8 (52 reviews)

Question

Quizplus · Accepted Answer

This is true. An insurable interest is an interest in property or a person such that loss or damage to the property or death or injury to the person would cause a financial loss to the insured. As long as a person can demonstrate an insurable interest, they can purchase insurance to protect against that loss.

A Person Can Insure Anything in Which He or She