In marine insurance insurable interest is enough at the time of_______________
A)Maturity
B)Insurance
C)Loss
D)Claim

Name: In marine insurance insurable interest is enough at the time of_______________ A)Maturity B)Insurance C)Loss D)Claim
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Question

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In marine insurance, it is essential for the insured to have an insurable interest at the time of loss. This ensures that the insured has a legal right or relationship to the insured item that would result in financial loss if the insured event occurs.

In Marine Insurance Insurable Interest Is Enough at the Time