Insurance contracts require that the insured demonstrate they have an insurable interest.
A) insurer
B) insured
C) corporation
D) None of the choices are correct
Correct Answer:
Verified
Q17: What may liability insurance not cover?
A) negligent
Q18: Businesses often purchase an insurance policy known
Q19: What may commercial general liability insurance policies
Q20: Professional malpractice insurance _ the insured for
Q21: Errors and omissions (E&O) liability insurance indemnifies
Q23: An insurable interest is an interest by
Q24: The requirement that an insured demonstrate an
Q25: An insurer has both a _ and
Q26: Legal defense is an important aspect of
Q27: Once a loss is paid to the
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